Time is running out to take advantage of some home buying programs from Shea Homes. For a limited time, Shea Homes is offering these opportunities to save money on your dream home:

•Lower your monthly payments with below-market financing.

•Move in for $0 down with Shea's Down Payment Assistance Program* and prepaid closing costs**.

•Lock in a low interest rate for the rest of 2008 at no extra cost.

"These are all limitedtime offers, and the clock is ticking," said Heather Stevenson, vice president of sales and marketing for Shea Homes Southern California.

Stevenson added that home buyers who act quickly will share all of the benefits that make Shea Homes America's 5-Star Builder. Along with value, they include quality craftsmanship, financing, award-winning customer service and caring.

All of Shea Homes' 5Star qualities are available at more than 150 Shea Homes neighborhoods in seven states, including California, Arizona, Colorado, Florida, North Carolina, South Carolina and Washington. Shea's variety of home designs range from affordably priced condominiums and townhomes, unique live/ work homes to traditional single-family detached homes and luxury residences. Prospective buyers can locate the Shea Homes community nearest them by visiting SheaHomes.com/ Hurry.

Participating communities in Los Angeles and Orange counties include City Walk, Latitudes North and Latitudes South at Vantis in Aliso Viejo; Bella Tierra in Laguna Hills; Meridian, Market Street and Destination at Riverpark in Oxnard; The Cottages in Oxnard; and Canturbury Lane in Moorpark.

The 5-Star celebration is also under way at Shea Homes neighborhoods throughout the Inland Empire, including Enchanted Forest and Tetherwind at The Preserve at Chino; Red Rock Silverstone, and Topaz at Eldorado in Menifee; 24-Seven and Three-65 at Victoria Gardens in Rancho Cucamonga; Pradera and Sendero in Rialto; and Northfield, Watermill, Key Gate and Meadowbrook at Adeline's Farm in Winchester.

With prices starting in the mid $200,000s and Shea's home-buying programs available for a limited time, now is the time to buy.

An award-winning builder of new homes throughout the United States, Shea Homes is an independent member of the Shea family of companies, which celebrated its 125th anniversary in 2006. Members of the Shea family and their companies have accomplished many extraordinary milestones, including completing work on the foundation of the Golden Gate Bridge, working on San Francisco's Bay Area Rapid Transit System and serving as a managing partner for the construction of the Hoover Dam. Yet Shea Homes' most satisfying achievements revolve around listening to its customers' needs and satisfying those needs by providing a selection of new home floor plans and quality workmanship in the finest neighborhoods and communities available today.

* Zero down offer offered through Nehemiah down payment assistance program with grants from Seller for those borrowers selecting Shea Mortgage, Inc. as their lender and funding with an FHA loan. Shea Mortgage, Inc. is licensed by the California Department of Real Estate, License No. 01197403. Not available with all loan programs. To be eligible for Nehemiah down payment assistance, borrower's loan must have final FHA loan approval on or before 9/30/08. Additional conditions, restrictions and limitations apply. Not all applicants will qualify. Terms and conditions subject to change without notice.

**Offer is available only for certain homes sold by Shea Homes Limited Partnership and loans made or arranged through Shea Mortgage Inc., each independent members of the Shea family of companies. Shea Mortgage Inc. is licensed by the California Department of Real Estate, License No. 01197403. FHA loans are subject to loan underwriting guidelines established by FHA. Loan guidelines and offers are subject to change without notice.

Shea Homes Limited Partnership and Shea Mortgage, Inc. are independent members of the Shea family of companies. Prices, terms and features vary by community and are subject to change without notice. All square footages are approximate.