Bank Owned One family home for sale in Lascassas. Flooring: Other|Basement Description: Crawl, Basement Type: None, Built Info: Existing, Contingency Type: None, Cooling Source: Electric, Driveway Type: Gravel, Listing Status: Active, Oven Source: Electric, Range Source: Electric, Sewer System: Septic Tank, Heating Source: Electric, Oven Description: None, Range Description: None, Water Source: City Water, Construction Type: Siding, County: Rutherford County, Property Sub, Area: 25, Heating System: Compliant with energy star HVAC, Listing Type: HUD Home, Property Class: Residential, Sq, Acreage Source: Tax Record|Stories: 1. Bank-owned property always starts as consumer-owned property. The cycle starts when a borrower secures a loan by mortgaging the property, securing the amount of the loan against the real estate itself.