Bank Owned One family home for sale in Bangor. Basement: Y, Garage: "2", Square feet: 1888, Bedrooms: 3, Bathrooms: 2.5. Properties that are taken into a bank's inventory, after a foreclosure sale. Bank-owned property is aquired by a financial institution when a homeowner does not make their mortgage payments. These properties then sell at a discounted price, much lower than current home prices.