SPOKANE, Mo. -- People who were sure they were being forced out of their home a few weeks ago now have good news. They can thank a bank that had a change of heart.
The Risingers and many of their neighbors learned officially on Oct. 12 that their homes were going into foreclosure through no fault of their own. That's the day the foreclosure notices were published in the Christian County newspaper for 16 houses -- nine in Spokane, seven in Nixa.
Even though the Risingers had kept up on their payments, the future looked grim three weeks ago. Ernie Risinger was sure he, his wife and 11-year-old daughter were going to have to move.
"Right now, the bad thing is, it's in limbo," Risinger said on Oct. 12.
The Risingers and many others had a 30-year rent-to-own agreement with Harold Rogers. When People's Bank decided not to renew Roger's short term construction loans, multiple families found out their homes were going into foreclosure.