$8,000 Tax Credit Benefits First-Time Home Buyers

Atlanta, GA, March 29, 2009 --(PR.com)-- Now is a great time for first-time home buyers to purchase the home of their dreams at Bowen Family Homes. Qualified first-time home buyers can benefit from the 2009 tax credit of up to $8,000. The $8,000 tax credit replaces the $7,500 tax credit that was introduced in 2008 and unlike the $7,500 tax credit the new credit does not have to be repaid. First-time home buyers can take advantage of the $8,000 tax credit at any of Bowen Family Homes’ Atlanta communities.

The tax credit is available for homes purchased on or after Jan. 1, 2009 and before Dec. 1, 2009. Qualified first-time home buyers will receive a tax credit that is equal to 10 percent of the home’s purchase price up to a maximum of $8,000. The full tax credit is available to single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000. For more information on the $8,000 tax credit, visit www.bowenfamilyhomes.com/buy-new-home/first-time-home-buyer-tax-credit.

Purchasing a home can be a stressful process for first-time home buyers, especially when their credit score presents a challenge. Bowen Family Homes’ Power4Purchase* program is designed to give home buyers the education and tools they need to improve their credit score. By boosting their credit score a home buyer may obtain a better loan program, secure a lower rate, receive a lower Private Mortgage Insurance rate and fulfill an executed sales contract. Power4Purchase is free. For more information on Power4Purchase, call 1-877 MY BOWEN visit www.bowenfamilyhomes.com/buy-new-home/power-4-purchase.

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. Earlier this year Bowen Family Homes launched their social media marketing plan with a new company blog, www.bowenfamilyhomesblog.com and presence on several social media outlets such as Twitter, Facebook and YouTube. 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 www.bowenfamilyhomes.com.

###