SOURCE: Alpine TLI Group, Inc.

March 12, 2008 11:18 ET

Alpine TLI Group, Inc. Announces Benefits of Upcoming Assignment Tax Lien Sales Held in Several Arizona Counties in March

PLEASANT GROVE, UT--(Marketwire - March 12, 2008) - Alpine TLI Group, Inc. (PINKSHEETS: APGR), a full service tax lien and tax deed purchase, research, and property management company, announced today that beneficial terms for property tax lien certificates that are not sold during the scheduled tax sale are offered by individual counties at an assignment sale. There is no bidding required as these properties are offered on a first come, first served basis. The Arizona counties offering assignments include Coconino, Graham, Greenlea, Mohave, Navajo, Pinal and Yavapai counties.

M. Taylor Abegg, II, Chief Executive Officer of Alpine TLI Group, Inc., stated, "It is not uncommon for tax sales to conclude without selling all available properties. Many favorable tax liens are then assumed by the county and offered at subsequent assignment tax lien sales. There are several benefits to purchasing such liens in Arizona, such as not having to bid on these liens as well as receiving the full 16% APR on all redeemed assignment liens."

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