Have you dreamed of owning recreational or hunting property? Many people buy recreational land to enjoy hunting, camping, fishing, hiking, or ATV-riding on the privacy of their own property. Owning recreational land can give you a unique opportunity to escape the pace of daily living and provide you with a chance to enjoy the many benefits of being out in nature.
Others buy recreational land as an investment. Unlike other investments, land offers the additional benefit of using and enjoying it while you own it. Can you camp on a stock certificate or roast marshmallows on your mutual fund? We don’t think so!
Hunting and recreational property is typically “bare” or “raw” land. It is unimproved wilderness without modern conveniences like running water or sewer hookups. As such, many banks do not do bare land loans for hunting and recreational property. Because it is undeveloped, it is sometimes challenging for banks to resell if a borrower defaults on their land.
However, the team at First Independent Bank loves helping our customers purchase the recreational property of their dreams! Whether you want a private paradise where you can fish and hunt and share stories over a campfire or a place to just kick back and relax in the solitude that nature provides, our dedicated team of bankers can bring your dreams to life.
Our team will work with you every step of the way so that you can focus on what’s important to you – which is enjoying your new property! Contact one of our personal bankers today and get started making memories you can pass on to the next generation.