It is a truly bananas series of events that led to Graceland, a beloved tourist attraction in Memphis, getting pulled from the auction block just one day before it was scheduled for a foreclosure sale.
Elvis Presley’s family home — the second most-visited residence in America after the White House — was set to go up for auction this Thursday, under the pretext that the late singer’s daughter, Lisa Marie Presley, who died in 2023, failed to pay back a $3.8 million loan she’d secured from a private lender called Naussany Investments and Private Lending. Naussany claimed that the house was part of the collateral on that loan, and payment was due, so get ready to kiss Graceland goodbye.
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