Exhibit 7.01

Joint Filing Agreement

In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Schedule 13D, dated August 7, 2007 (including amendments thereto) with respect to the common shares of Meritage Homes Corporation. This Joint Filing Agreement shall be filed as an Exhibit to such Schedule 13D.

Dated: August 7, 2007

McCarthy Group, LLC,

MGI Holdings, Inc.,

a Delaware limited liability company

a Nebraska corporation

By:

/s/ Michael R. McCarthy

By:

/s/ Michael R. McCarthy

Michael R. McCarthy, Chairman

McCarthy Capital Corporation,

Fulcrum Growth Partners II, L.P.,

a Nebraska corporation

a Delaware limited partnership

By:

/s/ Michael R. McCarthy

By:

Fulcrum GP, L.L.C.,

Michael R. McCarthy, Chairman

a Delaware limited liability company

Its:

General Partner

By:

McCarthy Capital Corporation,

a Nebraska Corporation

Its:

Manager

By:

/s/ Michael R. McCarthy

Michael R. McCarthy,

Chairman

Fulcrum GP, L.L.C.,

Fulcrum Growth Partners III, L.L.C.,

a Delaware limited liability company

By:

McCarthy Capital Corporation,

By:

McCarthy Group, LLC,

a Nebraska Corporation

a Delaware limited liability company

Its:

Manager

Its:

Managing Member

By:

/s/ Michael R. McCarthy

By:

/s/ Michael R. McCarthy

Michael R. McCarthy,

Chairman

Fulcrum Homes, LLC,

Fulcrum Real Estate, LLC,

a Nebraska limited liability company

a Delaware limited liability company

By:

McCarthy Capital Corporation,

By:

McCarthy Capital Corporation,

a Nebraska Corporation

Its:

Manager

Its:

Manager

By:

/s/ Michael R. McCarthy

By:

/s/ Michael R. McCarthy

Michael R. McCarthy, Chairman

/s/ Michael R. McCarthy

/s/ Dana C. Bradford

Michael R. McCarthy

Dana C. Bradford

Southwest Value Partners Fund XIV, LP,

SWVP Fund XIV GP, LLC,

a Delaware limited partnership

a Delaware limited liability company

By:

SWVP FUND XIV GP, LLC,

By:

Southwest Value Partners, LLC,

a Delaware limited liability company

Its:

General Partner

Its:

Member

By:

Southwest Value Partners, LLC,

By:

SWVP XIV, LLC,

a Delaware limited liability company

a Delaware limited liability

Its:

Member

company

Its:

Manager

By:

SWVP XIV, LLC,

a Delaware limited liability

By:

/s/ Mark A. Schlossberg

company

Mark A. Schlossberg,

Its:

Manager

President

By:

/s/ Mark A. Schlossberg

Mark A. Schlossberg,

President

Southwest Value Partners, LLC,

SWVP XIV, LLC,

a Delaware limited liability company

By:

SWVP XIV, LLC,

By:

/s/ Mark A. Schlossberg

a Delaware limited liability company

Mark A. Schlossberg, President

Its:

Manager

By:

/s/ Mark A. Schlossberg

/s/ Robert Gary Sarver

Mark A. Schlossberg, President

Robert Gary Sarver

SWVP XIV Management Co., Inc.,

a California corporation

By:

/s/ Mark A. Schlossberg

Mark A. Schlossberg, President

Mark A. Schlossberg