Alpine TLI Group, Inc.
Alpine TLI Group, Inc. Expects Record Year for Revenue and Profits in 2008 as High Foreclosure Rates and Mortgage Fallout Boost Annual Tax Lien and Tax Deed Sales
Interest and Penalty Revenue on
property management company today announced expectations for a record year
in 2008 as foreclosure rates and the mortgage fallout increases the amount
of properties available nationally at tax lien and tax deed sales. The
Company’s unique research and analysis methods pinpoint participation in
the most favorable of over 2,000 auctions held every year. Alpine is
currently entering a very aggressive time of year as many states are
promoting the largest tax lien sales in history. The company expects to
place a substantial amount of capital at these sales resulting in a record
year for 2008 financial results.
Alpine’s corporate strategy and business activity focus around populating
and maintaining a $6M fund, which is fully vested in property tax lien
certificates. Marketing strategies include the identification of high
return properties that have the potential of high yields through interest
and penalty rates, which can exceed 24% per annum. In addition, Alpine has
developed research technologies, which help identify properties that have a
higher propensity of going to deed. Such properties are subsequently
acquired for typically less than 10% of current market value and can be
liquidated on the open market for a significant profit.
Alpine TLI Group, Inc. generates revenue from two primary sources: interest
and penalty revenue from redeemed tax lien certificates and profits from
liquidated properties that have gone to deed.
-- Interest and penalty revenue is generated through redeemed tax lien certificates. When a tax lien is purchased, the local jurisdiction sets the interest rate as well as the assessed penalty for delinquent tax payment. These interest rates can range from 8% to over 24% per annum. In addition, penalty rates can range from 5% to 10% of the taxes owed. In many cases, jurisdictions will assess the full penalty the first day of the delinquency. As a result, a 5% penalty paid the first day will result in an annualized rate of return of more than 60% when added to the assessed interest rate on early redeemed liens. -- Liquidated Properties occur once the redemption period set by the jurisdiction has expired (ranging from 6 to 48 months), the liened property goes to deed. This means the lien holder now has the legal right to receive title to the property. After a legal process of quieting the title, the deed is conveyed free and clear of all previous encumbrances. In most cases, these properties have been acquired by simply paying the past due taxes. Typically, these taxes represent only 5% to 10% of the current property value. Alpine's financial model provides a strategy to liquidate such property at a discount and put the proceeds back to work through purchasing additional tax liens. The returns on such properties can exceed 5,000%.
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.
Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89