SOURCE: Alpine TLI Group, Inc.

April 23, 2008 06:30 ET

Alpine TLI Group, Inc. Announces Accelerated Plans to Capture Market Share in $10 Billion Tax Lien Market

PLEASANT GROVE, UT--(Marketwire - April 23, 2008) - Alpine TLI Group, Inc. (PINKSHEETS: APGR), a full service tax lien and tax deed purchase, research, and property management company, announced plans today to accelerate its approach to capturing market share in the growing tax lien sales market. The Company recognizes a strengthening trend of its market share and portfolio acquisition opportunities as the sub-prime mortgage foreclosures and weakening economy continue to accelerate. Turmoil in the foreclosure market and current housing trends offer exceptional opportunities in the next 18 months to buy property at 5% to 20% of market value at tax lien and tax deed sales.

There will be over 2,000 tax lien sales during 2008, with an ever-increasing opportunity to participate in online auctions. It is estimated that over $10 Billion in property tax liens are offered for sale annually. It is also estimated that this would represent over $1 Trillion in potential property value profits for the purchasers of these tax liens. Alpine's business model is structured to research, identify and capture a significant portion of the $10 Billion in tax liens offered each year.

M. Taylor Abegg, II, Chief Executive Officer of Alpine TLI Group, Inc., stated, "The tax sales industry is a proven market and has been around for more than 100 years. The bottom line is -- county governments need money to operate and provide many useful services for their citizens. Their primary funding source for these services is property taxes. If these taxes are not paid, the government has the authority to lien the property for the unpaid taxes. The counties are authorized to sell these liens to investors, like Alpine, allowing the county to receive funds to operate with the investor receiving a high rate of return. Exceptional returns are obtainable if taxes are not brought current allowing the tax lien owner to obtain the property, free and clear. As a result, for those who understand the industry, such as Alpine, the profit potential can be enormous."

About ALPINE TLI GROUP, Inc.

ALPINE TLI GROUP, Inc. is a full service tax lien and tax deed purchase, research, and property management company. Alpine specializes in identifying and researching properties that have the propensity of creating a highly leveraged investment opportunities through the purchase of real estate tax lien certificates and tax deeds.

Tax lien certificates are typically acquired by Alpine for 2% to 20% of the property value. If the lien is redeemed by the property owner, a government guaranteed return of 4% to 25% APR is realized by Alpine. If the lien is not redeemed, the deed to the property is granted to Alpine, free and clear of all encumbrances. Tax deeds are typically acquired by Alpine for 10% to 50% of the property value. Alpine is then in a position to improve, develop or liquidate the property at a profit. More information on Alpine TLI Group is available online at http://www.AlpineTLIGroup.com/.

Safe Harbor Statement

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Alpine TLI Group, Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Contact Information

  • For more information, please contact:
    Alpine TLI Group, Inc.
    Investor Relations
    888-947-4440
    Email Contact