MEMPHIS, June 5 (UPI) -- An eBay auction for a former Memphis home of Elvis Presley was won last month by magician Uri Gellar, yet his ownership promptly vanished.
The Independent reports that after his bid of nearly $898,000 won on eBay, he was shocked to discover the owners had sold the home to someone else.
According to eBay's regulations, a final bid on a real estate auction does not constitute a legally binding contract. Rather, eBay real estate auctions act as marketing tools to increase publicity for the property.
"We're absolutely, mind-blown angry", Gellar told The Independent, "Of course we are going to sue."
Yet in a nearly magical twist, a bankruptcy court may reopen the case on who owns the home. If it does, it could give Gellar another attempt at winning a bidding war for the home, the newspaper said.
