Elvis's granddaughter Riley Keough files lawsuit to stop Graceland foreclosure sale

Elvis' estate: Sad Last Days should be the title.

Nobody, except really old people, like super old is listening to Elvis. He is not cool anymore, or relevant, or in general interesting. Even guys like Jerry Lee Lewis and Chuck Berry are forgotten in today's pop culture sphere. Hell, even Liberace's estate is basically gone.

shirtsleeves to shirtsleeves in three generations.

The NY Times reports that Graceland generates $80,000.000 a year.

R3 But the expenses to run the place must be astronomical - that income may not matter much.

That’s just the Graceland parking fees and airplane tour up-charge.

Wonder how much Priscilla has skimmed off the past decade ?

And Riley's drunken, drugged out, whore of a mom Lisa Marie ran through all the $$$$ because she knew better.

Who knows what that drunken slattern signed!!!

I’m sure it costs a fortune to shampoo the shag carpeted ceilings.

I am middle age and listen to Elvis all the time. Also, I think the movie a couple of years ago created new fans.

This is a scam.

I'm not an Elvis fan, but I realize his significance. He will likely always remain cool, but he's lost his relevance to most of the public. People may like him or have fond memories of him, but that doesn't mean you want to spend your vacation time going to Graceland when there are so many other more glamorous, fun, attractive or interesting places to visit.

Nowadays, even the po' people can probably afford a somewhat exotic or exciting vacation. They can take a cruise, camp in your RV, do a yoga weekend, fly to Mexico, go to Vegas or Disneyland, etc. Yes, some of those options are tacky, but those are the same tacky people who a generation ago may have visited Graceland.

[quote] Nobody, except really old people, like super old is listening to Elvis. He is not cool anymore

The hit movies say otherwise.

This is a weird story. I could see it all being a scam, but I also could see a drugged-out Lisa Marie making some terrible financial decisions unbeknownst to her children or her mother that could come back to bite them in the ass. It's hard telling. In either scenario, I feel bad for Riley, who has had to shoulder a lot since the death of her brother and her mom.

What if a new owner doesn’t want those Presley bodies buried there?

I’ve been to Graceland - it looks like what the Clampett’s mansion would have if Jethro had been allowed to decorate.

One of the oddest touches are all the ceramic monkey statues scattered about the place.

They should turn it into a nightclub and give Ann Margaret a residency.

R15 makes a good point and so do others that found Graceland underwhelming.

Still, I found Graceland fascinating.

By overusing the word "awe" by applying it to things that aren't, we've diminished the value of that simple, yet powerful little word that describes a profound experience. Yet, awe is what I experienced at Graceland.

It happened when I got to the rooms where tall wall after tall wall after tall wall were covered in Gold Record after Gold Record after Gold Record.

Taking that in in the moment really brought it home to me about why I was there.

Elvis truly was one-of-a-kind, and his impact cannot be denied.

[quote] Nobody, except really old people, like super old is listening to Elvis. He is not cool anymore, or relevant, or in general interesting. Even guys like Jerry Lee Lewis and Chuck Berry are forgotten in today's pop culture sphere. Hell, even Liberace's estate is basically gone.

I love how you save Liberace for last, like he'd be the very last one anybody could guess might one day go out of style.

I can't wait until Jason Gould inherits his mother's house and opens it to the public. It will be a 'cash cow' with the basement mall.

Embrace the sleaze. Turn it into an event space and some sort of theme hotel. Host conferences, weddings and funerals and build a huge mausoleum and sell the spots. His fans are dying off and would pay big bucks for a Graceland funeral. Let the ghost hunters in. Rent out evp recorders. Go all out.

This girl has a good head on her shoulders, she's not one to be taken in for a grift like her mom and grandma.

Did 'Cilla and Lisa give all their money to Scientology and forget to make the Graceland payments or what?

I'm glad Riley saved it so General Hospital still has a venue for the annual Fan Event, LOL.

I love Reilly. She is smart and not a celebutard. Also a really decent actress and most likely a decent person. How many celeb spawn can we say that about?

I like Riley, too. Great actress and seems normal despite all the weirdness in her family tree.

R24, And her husband is hot.

R1, that’s actually not true. Young people liking Elvis is very retro.

A judge halted the sale and the claim was withdrawn just about 10 hours ago.

I thought Priscilla saved the Presley Estate in the beginning. She hired a great management team. Why did it go bust?

Riley Keough met her husband on the set of the Mad Max Furiousa movie. He was a stunt man. NYT did a feature on the making of the movie. It sounds like a nightmare and you’d want to bond with someone.

Was that figure correct above in that Graceland only nets 80k a year?

R25 they are a hot couple

Because Lisa Marie took over control of the Graceland estate when she turned 25 yrs. old.

Then proceeded to destroy it, because she was a "Fucking stupid moron"

80,000,000

80 million, according to the NY Times

I can believe that LMP took out equity loans on that piece of real estate.

I work in this field (foreclosures). In my jurisdiction, it's usually a long road to get to a foreclosure sale. Were LMP, then Riley, ignoring notices from the bank?

Memphis was never going to let this happen.

I do not think Lisa ever took out a loan based on Graceland. It was a scam.

[quote] the notary whose signature is on the Deed of Trust from 2018 has said in a sworn affidavit that she did not notarize Lisa Marie Presley’s signature.

Despite the whole thing being obviously a huge fraud, it’s not surprising that there are some morons who believe it was possible that LMP could have used Graceland as collateral for a 3.8 million dollar loan from an unknown company instead of from any bank in town. She could have raised more than that if she actually had needed it by just asking Elvis fans to send her cash.

Who concocted this fraud and why? Is the location desirable for development? Some crazy Elvis fan wanting to own and live in the estate?

I hope the fraudsters will be prosecuted.

[quote] I work in this field (foreclosures). In my jurisdiction, it's usually a long road to get to a foreclosure sale. Were LMP, then Riley, ignoring notices from the bank?

It's not a bank, it is a private company. The loan paperwork is alleged to be fraudulent.

[quote] Who concocted this fraud and why?

It’s a common fraud technique to claim that deceased people did something, in order to fleece the heirs. Look at Moses Pray in Paper Moon pushing Bibles on surviving spouses. It was big time stupid for a company to go after such a well-known property like this though.

There is so much hatred for Lisa on this board from a few I sometimes wonder if Navarone is here.

^^^You mean the "Guns of Navarone"^^^ Great movie BTW!!

80 thousand, 80 million - Trump, Biden, it’s all the same 🤷🏻‍♂️

To R41, for some it's not hatred, it is stupidity!! How do you destroy a perfect money-making machine?

You turn it over to the idiot daughter who is as stupid as Elvis was!

When my middle income dad passed a couple of yrs ago, scammers came out of the woodwork claiming he “owed”

A good lawyer and honest brother were right on top of the scams

I'm glad the foreclosure sale / fraud was stopped. Riley has a lot to deal with... hope she can jump past the family crazy gene.

How in the hell could a scammer try and sell Graceland? It’s so idiotic and high profile. Did they think they could get away with it? Didn’t they think to scam one of the millions of gullible people who don’t own a Graceland?

[quote] How in the hell could a scammer try and sell Graceland?

What this type of scammer tries to do is have a foreclosure sale accomplished without the rightful owner knowing it is happening. They often succeed. It was hard to get away with though with a property like Graceland.

I don't think anyone wants to see Graceland sold. I think the old judge stopped it because it's freaking Elvis. It's like letting it be stolen.

[quote]One of the oddest touches are all the ceramic monkey statues scattered about the place.

In Alabama, they keep them on the porch.

[quote]I think the old judge stopped it because it's freaking Elvis.

That and because the case was fraudulent.

I used to do foreclosure court work and this kind of scam is easier to pull off than you would think - under the right circumstances. A lot of it has to do with proper notice and any number of factors like multiple unknown or hard to find heirs, lack of any will or trust or one made or updated anytime in the past 30 years, poorly drawn or thought out wills and trusts, and people not fully understanding all the ramifications of self helping putting and taking names off of deeds. IOW people who don't stay on top of things and get bad or wrong advice.