Bank Owned One family home for sale in Elizabethtown. Basement: Y, Garage: "2", Square feet: 2194, Bedrooms: 4, Bathrooms: 2. Anyone can buy a bank-owned REAL ESTATE OWNED. The challenge for real estate investors is to reach the person who can make the decision to sell the bank-owned REAL ESTATE OWNED property. Each lending institution has different rules and requirements on how they sell bank-owned REAL ESTATE OWNED properties.