SOURCE: Alpine TLI Group, Inc.

March 24, 2008 16:01 ET

Alpine TLI Group, Inc. Announces Acquisition of Deeds on $400,000 in Real Estate From Unredeemed Nebraska Tax Liens

Nebraska Property Deeds Were Granted From Tax Liens Acquired at Previous Tax Sales

PLEASANT GROVE, UT--(Marketwire - March 24, 2008) - Alpine TLI Group, Inc. (PINKSHEETS: APGR), a full service tax lien and tax deed purchase, research, and property management company, announced today that the Nebraska redemption period has expired and Alpine is in the process of acquiring the deeds on more than $400,000 in real estate from several tax lien sales in Nebraska. The property deeds were granted from tax liens that the Company had acquired at previous auctions. Historically, Nebraska has offered over 20,000 tax liens for sale each year with 13,000 coming from the top five counties. Nebraska tax sales offer many opportunities for Alpine to pick up liens on property for as little as 1% of the property value.

M. Taylor Abegg, II, Chief Executive Officer of Alpine TLI Group, Inc., stated, "Nebraska has always provided a large number of quality properties at their annual tax sales. We are excited to show our shareholders and investors the strength of our business model as we acquire properties at massive discounts across the country."

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 opportunity through the purchase of real estate tax lien certificates and tax deeds.

It is estimated that over $10 Billion in property tax liens are offered for sale annually representing over $1 Trillion in potential property value profits for the purchasers of these tax liens. Tax lien certificates are typically acquired by Alpine for 1% to 20% of the property value. If the lien is redeemed by the property owner, a 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. 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