Skip to main content

Two Elvis Presley Homes Coming Up for Auction

Phil Hall
Oct 23, 2017
A pair of homes with connections to Elvis Presley are scheduled to become available in online auctions on Nov. 11

A pair of homes with connections to Elvis Presley are scheduled to become available in online auctions on Nov. 11.
According to a report, one home was built in the 1920s in Tupelo, Miss., by Vernon and Vestor Presley, Elvis’ father and uncle. The shotgun house on 16.5 acres was briefly the home for the future King of Rock ‘n’ Roll when he was in elementary school. The property is now called “Elvis Presley Heights” and the auction manager estimates its worth between $2 million and $3.5 million.
Also for sale is a two-bedroom, 60-foot-long mobile home that Elvis bought in the 1960s that was placed amidst eight other mobile homes on 163 acres next to his Memphis mansion Graceland. Elvis used this mobile home configuration for friends who could not be accommodated in Graceland, and he and his then-wife Priscilla occasionally stayed at the property that is now up for auction. Bidding starts on this property at $5,000, and it is being valued at between $250,000 and $500,000.

Oct 23, 2017
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021
Interfirst Mortgage Launches ONE, Backed By Non-Owner Occupied Properties

ONE is a unique product built on a single interest rate with no adjustments and qualifies off the cash flow of the rental property.

Industry News
Jul 16, 2021
Global Digital Lending Market Projected To Reach $27B By 2028

The Global Digital Lending Platform Market was valued at $7.14 billion in 2020 and is projected to reach $27.07 billion by 2028.

Analysis and Data
Jul 14, 2021
FOMC Discusses Raising Interest Rates

Inflationary pressures have finally forced the Federal Open Market Committee (FOMC) to discuss raising interest rates and tapering its bond-buying program.

Analysis and Data
Jul 14, 2021
Fathom Holdings Inc. Creates New Hispanic Division

Fathom Holdings Inc., a technology-driven real estate platform, announced the creation of their Hispanic Division to more adequately serve this fast-growing demographic. 

Industry News
Jul 07, 2021