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<p><strong>ELVIS Presley&rsquo;s historic Graceland home is set to be sold at an auction as his granddaughter battles to stop the hammer going down.&nbsp;</strong></p>
<p>Last week, a public notice announced a foreclosure sale tomorrow of the Memphis property and surrounding land.</p>
<p>It claimed the Promenade Trust, which operates Graceland, owes &pound;3million to Naussany Investments and Private Lending to repay a loan that the property was used as collateral against.</p>
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<p>Elvis&rsquo;s grandaughter Riley Keough, 34, who inherited the home from her late mum Lisa Marie Presley, is challenging the sale claiming it is &ldquo;fraudulent&rdquo;.</p>
<p>She claims Lisa Marie never borrowed&nbsp;the money. &ldquo;While the documents bear signatures that look like the signatures of Lisa Marie Presley, Lisa Marie Presley did not, in fact, sign the documents,&rdquo; the lawsuit states.</p>
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<p>She has reportedly obtained a temporary restraining order which is set to delay the auction.</p>
<p>Keough&rsquo;s lawyers and Graceland did not immediately respond to requests for comment.</p>
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ELVIS GRACELAND UP FOR AUCTION

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