The last time we checked in to see what was happening at Elvis Presley's former home in Palm Springs, owner Reno Fontana was opening the residence to fans of Michael Jackson for a viewing party of the King of Pop's memorial service -- this was back in 2009. Since then, the bank foreclosed on Mr. Fontana, who it was claimed never paid a dime to live in the property for ten years, and new owner Rade Raicevic took over operation of the home with the intent to sell it for $4 million, according the Desert Sun. Unfortunately, Mr. Raicevic has also run into some money woes. "Rade Raicevic, who was handed the keys after a lengthy court battle several months ago following the eviction of Reno Fontana, is facing eviction charges himself by US Bank National Association. US Bank bought the foreclosed property at a public auction on Sept. 17, 2012, for $1,765,148.98, according to court documents." The battle is now before the courts, but the better news is that the home may be back on the market again for any Elvis fans with a million or so to spend.
· Owner of Elvis' Palm Springs home faces bank in court [Desert Sun]
· Elvis Presley's House in Palm Springs Opens Doors to MJ Fans [Curbed]
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