Bowen Family Homes Provides Safety Net for Home Buyers

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New mortgage payment relief program designed to protect homeowners

Bowen Family Home

Thousands face losing their job every day and our new Safety Net Program insures that our homeowners will not also lose their home, if they involuntarily lose their job.

In response to the current economic recession, Bowen Family Homes is pleased to announce the launch of their new Safety Net Program. The Safety Net Program is a mortgage payment relief program designed to protect Bowen Family homeowners from the most common cause of missed mortgage payments: unexpected involuntary job loss.

"No one plans to involuntarily lose their job, but in these times of economic uncertainty, we have to plan for the unexpected," said Steve Palmer, Chief Financial Officer of Bowen Family Homes. "Thousands face losing their job every day and our new Safety Net Program insures that our homeowners will not also lose their home, if they involuntarily lose their job."

If a Bowen Family homeowner loses their job involuntarily then the Safety Net Program will pay their mortgage up to $2,000 per month for up to four consecutive months. The program is designed "per claim" and allows for two claims over two years. This would allow for a maximum of $16,000 and eight monthly payments made on behalf of the borrower. Full protection is free through the Bowen Family Homes Safety Net Program.* For more information, visit http://www.bowensafetynet.com, call 1-877-MY BOWEN or email Bowen Family Homes at mybowen(at)bowenfamilyhomes.com.

"A home purchase is the largest investment most Americans will ever make. The implementation of our Safety Net Program will help Bowen Family homeowners keep their investment as well as offer new homebuyers piece of mind when buying their new Bowen Family home," said Palmer.

Bowen Family Homes has 26 affordable single-family and townhome communities located in the most sought-after locations throughout metro Atlanta. Homes are priced from the $110,000s to the $500,000s and include the best in today's home features and finishes.

Since 1969 the Bowen name has stood for excellence in new home construction and community development. Recognized as the 25th largest privately owned builder in the country by Builder Magazine for 2005, Bowen Family Homes is a dynamic homebuilder with operations in Georgia, Florida and Texas. The Atlanta Business Chronicle ranked Bowen Family Homes 5th among metro Atlanta builders in 2007 and 40th among Atlanta's Top 100 Private Companies for 2007. Additionally, Bowen Family Homes was named the Georgia Family Business of the Year for medium sized companies by Georgia Trend and the Cox Family Enterprise Center at Kennesaw State University in 2006. Bowen Family Homes was ranked 83rd on the 2007 Professional Builder Giant 400 largest homebuilders in the United States list. These successes have been achieved by simply offering the best new home value in all price ranges. For more information about Bowen Family Homes, please call their Atlanta region headquarters at 678-325-4554 or 1-877- MY BOWEN or visit online at http://www.bowenfamilyhomes.com.

*Purchaser must use preferred lender. Terms and Conditions apply.

Media Contact:
Laura Craft
770-383-3360 x 25
lcraft(at)flammerpr.com
Flammer Relations, Inc
http://www.FlammerPR.com

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