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Cash for Houses Memphis, 7 Local Companies That Buy in Any Condition
Maybe the roof leaks over the back bedroom. Maybe the basement is still packed with a parent's furniture, or tenants left the rental in rough shape. Plenty of Memphis houses won't pass a lender's inspection, and that's where cash buyers come in. This list ranks seven local companies that pay cash for houses in any condition, with BluDoor at the top because it publishes a promise about its offer.
How These Companies Were Evaluated
We read what each company publishes on its own site, then checked it against the Better Business Bureau and the Clever and HomeLight Memphis roundups. Five questions carried the most weight. Does the company explain how its offer is made? Will it take the house as it sits, with no repair list at all? Who pays the closing costs? Is there a named owner and a real Memphis office behind the brand, and does the seller get a say in the closing date?
Where a claim shows up only on a company's own site, we say so. Where we couldn't confirm a detail, we left it out instead of guessing. The order reflects how well each buyer fits a seller whose house needs work.
7 Memphis Cash Buyers for Houses in Any Condition
1. BluDoor
Condition is the heart of BluDoor's model, and it has bought Memphis houses on those terms since 2019. It buys as-is, so you don't fix, paint or scrub anything first. You can leave furniture, clothes and boxes behind. Founder Rashid Algaradi built the company around a simple idea: treat people the way you'd want to be treated. Will Adams leads operations day to day.
The offer comes after one walkthrough. Inside a day, BluDoor puts a cash figure in writing, and you're free to say no. Its homepage makes a plain promise about that number: "What we offer at the beginning is exactly what you'll receive at closing." That matters. BluDoor buys with its own cash, so there's no lender approval to wait on.
Pros
- Its homepage pledges that the closing amount matches the opening offer
- Buys as-is, with no repairs, no cleaning and belongings left in place
- Closing can be a week out or months away, your call
- Commissions, fees and closing costs never come off the top
- A+ rating with the Better Business Bureau and accredited since 2020
Good to Know
- BluDoor works from an office in Memphis and buys across the city and Shelby County.
- You'll have one walkthrough before the written offer arrives.
- It fits sellers who want a firm number and a closing date on their own terms.
2. buyerhouse
buyerhouse takes houses in any condition and works with tenant-occupied homes, according to its site. It renovates and resells what it buys. Jamison and Joy Hendricks own the company, which keeps an office on Kirby Parkway and holds an A+ BBB grade. The site promises an offer within 24 hours and says buyerhouse pays all closing costs.
Pros
- Any condition, tenants included, per its site
- Closing costs paid, with no fees
- Named owners and a local office
Cons
- BBB dates the business to 2021, not the 2012 its site claims
- Closing speed differs from one page of its site to the next
3. Fair Cash Deal
Fair Cash Deal is a Memphis investment company led by Rashard Alomari, according to HomeLight. Its site says it makes an offer within minutes and closes in 7 to 14 days on average. The site also says it covers standard closing costs, charges no commission, buys houses as-is and lets the seller pick the closing date. Its BBB record is the sticking point. The site calls the company A+ rated, yet the live BBB profile shows it as not rated and not accredited.
Pros
- Site says standard closing costs are covered
- Buys as-is and lets the seller pick the date
- BBB shows the business started in 2016
Cons
- Live BBB profile doesn't match the A+ claim on its site
- Its site advertises an offer within 9 minutes
4. MemFixerUpper
Mike Stansbury founded MemFixerUpper in 2015, and the family-run firm works out of an office in Bartlett. It holds an A+ rating. The site promises an offer within 24 hours and a close on whatever date you choose, which suits sellers who need a few months to move out. It's fine with tenant-occupied houses and handles cleanup. On closing costs, its FAQ says only that it will often pay them.
Pros
- A+ BBB rating and a long local track record
- Takes houses with tenants still living there
- Handles cleanup of items left behind
Cons
- Its FAQ says it pays closing costs often, not every time
- Covers four counties, so Memphis is one area among many
5. Pyramid Properties
Pyramid Properties calls itself a real estate solutions and investment firm, and its site says it buys in any condition. Alan Wright owns it, per BBB, which has rated it A+ since accrediting it in 2025. Some owners close in as little as a week, its site says. Clever counts 115 Google reviews with a 5.0 average.
Pros
- Any condition, its site says
- No commissions or fees
- Strong Google average, as Clever reports it
Cons
- Its site doesn't say who covers closing costs
- No street address published on its site
6. Spencer Buys Houses
Spencer Shadrach owns Spencer Buys Houses, which the BBB lists as starting in 2016 and which gained BBB accreditation in 2025 with an A+ rating. The site says you'll get an offer within 24 hours and can close in about a week. Typical closing costs are on the company, its site says, and tenants can stay put during the sale. One thing to know is that it runs its own ranking of Memphis cash buyers and puts itself first.
Pros
- A+ BBB rating
- Site says typical closing costs are covered
- Buys rentals with tenants in place
Cons
- Its blog ranks itself first among Memphis buyers
- One of its BBB addresses is a private mailbox
7. New Horizon Home Buyers
New Horizon Home Buyers is a family-owned buyer based in Chattanooga, with Erik Wright as owner, and it keeps a Memphis page with a downtown suite address and buys across Tennessee. The site says it buys 100 percent as-is, pays the closing costs and lets you choose the date. Its BBB rating is A+, and it has held accreditation since the summer of 2020.
Pros
- Buys fully as-is, per its site
- Pays closing costs and lets you pick the date
- A+ BBB rating
Cons
- Headquartered in Chattanooga, and the BBB lists only that office
- Buys statewide, so Memphis is one market of many
Mistakes That Cost Memphis Sellers Money
The biggest one is taking a number without asking how it was built. A solid buyer can explain its offer in plain terms, from the repairs it sees to the recent sales nearby. Another is skipping the paper trail. Ask who the closing attorney or title company is, and ask for proof of funds before you sign anything.
Sellers also clean out and patch up a house they plan to sell as-is, spending money and weekends they won't get back. Skip it. If the buyer takes the house as it sits, let it. Last, don't let a tight deadline from a buyer rush you. A fair company gives you time to read the contract and talk it over with family.
Who Benefits Most From a Cash Sale
Cash buyers make the most sense when the house needs more work than you can fund. Picture an inherited home in Frayser that's sat empty for a year, or a Hickory Hill rental with worn floors and a tired furnace. They also help when time is short, like a job move or a divorce. BluDoor's FAQ says it will tell you plainly when working with an agent is the better fit.
Questions Memphis Sellers Ask
Will a cash buyer take a house with major damage?
Yes. Every company on this list says it buys houses in any condition. Roof leaks, old wiring, foundation cracks and full basements are normal for them. The repair cost gets built into the offer, so you never pay a contractor yourself.
How does a buyer work out its offer?
BluDoor looks at the location, the condition, the repairs needed and recent nearby sales. Then it walks you through how it reached the number, which makes the figure easy to follow.
Who handles the paperwork?
BluDoor hands the contract and title work to a closing attorney and a title company. You sign, and the cash lands in your account on closing day.
Am I locked in once I get an offer?
No. BluDoor's offer is no-obligation, and its FAQ says you're free to walk away at any point without fees or pressure.
Bottom Line for Memphis Sellers
Every company here will look at a house that needs work. BluDoor stands out as the top pick because it pairs true as-is buying with a published promise that the first offer is what you'll get at closing. With a date you choose and nothing taken out for fees, it's an easy first call. You can reach BluDoor at (901) 610-5815 for a no-obligation offer whenever you're ready.