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| January 4, 2008 03:33 PM EST | Reads: |
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PLEASANT GROVE, UT -- (MARKET WIRE) -- 01/04/08 -- Alpine TLI Group, Inc. (PINKSHEETS: APGR), a full service tax lien and tax deed purchase, research, and property management company, announced today its implementation of newly developed proprietary research and analysis methods designed to capitalize on the increasing tax lien and tax deed industries. Alpine specializes in locating desirable liened properties that when redeemed, yield higher than current market interest rates. In addition, Alpine is continuing to develop and perfect methods to increase the percent of properties that don't redeem, which yield very high returns where properties would be acquired free and clear of all encumbrances for as little as 1% to 20% of market value.
M. Taylor Abegg, II, Chief Executive Officer of Alpine TLI Group, Inc., stated, "Our business model creates a well needed conduit through which counties and local municipalities can collect delinquent tax revenue to fund important and essential community services, while yielding a highly leveraged return for Alpine. We are operating in a hundred-year-old industry that offers a government mandated return well above other investment opportunities, or if the taxes are not paid on the property during a specified period of time, deed to the property is received, free and clear for a fraction of its market value."
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.
For more information, please contact:
Alpine TLI Group, Inc.
Investor Relations
888-947-4440
Email Contact
Published January 4, 2008 Reads 2,466
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