Diana wrote on August 02, 2008 05:34 PM: My husband and I have waited several years for our unit. There is no place else we want to live. We don't plan to sell or move ever. We've had most of our stuff packed in boxes being stored for several years in anticipation of moving in. We have delayed having a second child due to our desire to settle in to our final home first. My husband builds custom homes for a living. We tend to live in the homes and then put them on the market whenever Mira Villa gives us a new completion date. We try to time it so that our escrow closes near that date. Obviously, those dates have always passed. Our homes have sold each time, ultimately leaving us displaced. I have moved 4 times since we left or deposit at Mira Villa. At the end of this month (move #5), I will move into a rental house. We will continue to delay our dreams, while my husband builds yet another home for us to live in while we wait for Mira Villa to allow us to purchase our unit. We still have not given up on or dream of living and retiring there. Eventually, somebody is going to live in those units. Why not us? We have a contract and have saved up enough to pay cash for the unit. I feel terrible for those who purchased the first several units. They have waited even longer. The units are basically finished and still they wait. What about all the realtors who have worked with those buyers? They may never get paid for their work. I want people to know that real people with families are affected not just greedy investors. Thats all.

Michael Whelihan wrote on March 05, 2008 05:40 PM: I bought an E plan in 03-04 for $798 with options and no one with let me know what happen to my money I paid or if I still am a buyer

Get Real wrote on February 15, 2008 09:33 AM: A 2,200 sq. ft. two bedroom home for $740,000? Not a very good "investment" when you can buy a four bedroom 2,500 sq. ft. Summerlin home for less then $300,000.

"I'm an investor. I wanted to rent the unit."

That's not investing. Consider the $25,000 in escrow to be able to get out of the deal an investment.

Douglas wrote on February 08, 2008 11:15 AM: We bought a home here. We were recently told it would finally be done in Feb 08 so we sold our place in Dec 07 and moved in with my sister. Now, our home at Mira Villa is built and ready to be moved into - we just hope our contracts are honored and we can move in shortly. We didn't buy as investors - actually very few people in this development were even allowed to be investors - most of us are just patiently waiting to move into our dream homes. If you're a buyer check out my blog. http://miravillabuyers.blogspot.com/

Patrick wrote on February 06, 2008 06:26 PM: This project has had issues for a long time because it is the slowest building project in Las Vegas history. Last time I drove by I thought finally it looks almost done, NO, now bankruptcy. Question will the project EVER be finished?

Motley Fool wrote on February 06, 2008 04:08 PM: I don't think there are any good honest people that are suffering from bought houses. Well, maybe a few, but I don't think the market has anything to do with it, as there were people in trouble looooong before any burst bubble. Bottom line, invest at your own RISK, risk being the key word. And if you thought you couldn't afford a house but bought anyway, you weren't being honest somewhere along the way, either to your creditor, yourself, or both.

Chloe wrote on February 06, 2008 03:55 PM: Oh yeah, boo hoo for this Randa Bishop person. Like we're going to feel sorry for another one of those investors who have come into the LV Valley and ruined it with their greed.

So Randa Bishop - sorry your greed didn't work for you this time.

Rian wrote on February 06, 2008 02:55 PM: The key word in this article is Investor. Investments incur risk/rewards As an investor you should be prepared to lose as well as gain. Anyone who tells you otherwise(like the developers) are lying.

Jeff wrote on February 06, 2008 12:00 PM: I don't know why you people are full of such venom. Irma is right.

What about all of the good honest people that bought houses that are suffering?

dwc wrote on February 06, 2008 11:09 AM: Yeah, or those of us that recognized the market for what it is/was, or bought at the right time, or refused to be emotionally manipulated. Caveat Emptor!!

behind the smoke- your post made me cackle aloud! Very good, sir.

Read All Comments