20/04/2012 09:22:20Elvis made just $1,000 down payment for Graceland
Elvis made just $1,000 down paymentfor 'Graceland'.
Graceland is a large white-columned mansion with a 13.8-acre (5.6 ha) estate in Memphis, Tennessee, which Elvis Presley bought for his parents. In early 1957, Presley gave his parents a $100,000 budget, and asked them to find a "farmhouse" type property to purchase. At the time, Graceland was located several miles beyond Memphis's main urban area. In later years Memphis wo...