We Buy Houses Memphis, 8 Local Companies That Pay Cash and Close Fast

Drive around Memphis and you'll see hand-lettered signs stapled to poles, promising cash for houses in any condition. Some of those signs belong to solid local firms. Others lead to a phone number with no office, no owner and no plan to buy the house themselves. This list sorts through eight we buy houses Memphis companies that pay cash and close fast, and BluDoor sits at the top because it pairs speed with a published promise that the offer holds.

How These Companies Were Evaluated

Each company was checked against the same short list. Does it publish how fast it closes and when you'll see an offer? Does it charge commissions or leave closing costs to you? Is there a named owner and an office in or near Memphis? We read each company's own site, its BBB profile when we could find one, and the Google counts that Clever prints on its Memphis pages.

Where a company's own site makes a claim, we've said so. Where we couldn't confirm something, we left it out instead of guessing.

The 8 Companies

1. BluDoor

Since 2019, BluDoor has bought Memphis homes from an office on South Bellevue Boulevard. Founder Rashid Algaradi built the company around a short process. You get one walkthrough, then a written cash offer within 24 hours, and you owe nothing if you pass. BluDoor pays with its own cash, so there's no lender approval to wait on. You can close in as little as 7 days or choose a date further out.

BluDoor publishes a promise on its homepage that the number it offers at the start is exactly what you'll receive at closing. Nothing comes out for commissions, fees or closing costs. Luis Varela, who sold a rental to Kelton Stacks and Will Adams, summed it up: "I would not be hesitant to reach out to these guys. They're also local!"

Pros

• One walkthrough, then a written offer
• A homepage promise that your closing check matches the first offer
• No commissions, fees or closing costs
• Buys as-is, with no cleanout needed

Good to Know

• BluDoor carries an A+ from the BBB and has been accredited there since 2020.
• Memphis and greater Shelby County are where it does most of its buying.
• You set the closing date that suits your move.

2. Fair Cash Deal

Fair Cash Deal lists an office on Poplar Avenue, and HomeLight names Rashard Alomari as its leader. BBB dates the business to 2016. Its site says it covers standard closing costs and that the seller picks the closing date. The live BBB profile shows it as not rated and not accredited.

Pros

• About a decade in business
• Covers standard closing costs, its site says

Cons

• BBB profile doesn't match the A+ shown on its site
• BBB lists a PO box instead of a street office

3. MemFixerUpper

Mike Stansbury founded MemFixerUpper in 2015, and the family runs it from Bartlett. BBB rates it A+ with accreditation since 2017. Its site promises an offer within 24 hours and a close on the date you choose. It handles cleanup and buys with tenants in place.

Pros

• A+ BBB rating with a long accreditation history
• Named family owners
• Takes care of cleanup

Cons

• Its FAQ says it often pays closing costs, which leaves room for exceptions
• Covers four counties, so Memphis shares its attention

4. buyerhouse

Ask around East Memphis and buyerhouse comes up often. Jamison and Joy Hendricks own it and work from an office on Kirby Parkway. BBB grades it A+ and lists a 2021 start, with accreditation from 2022. Its site promises an offer within 24 hours and says it pays all the closing costs. It takes houses in any condition, including ones with tenants.

Pros

• Named owners and a Memphis office
• Pays all closing costs, per its site
• Appears on the Clever and HomeLight Memphis roundups

Cons

• Its site's 2012 founding claim doesn't match the BBB start date
• The site mentions both 7-day and 14-day closes

5. Spencer Buys Houses

Spencer Shadrach owns Spencer Buys Houses, also known as Volunteer Buyers GP. BBB lists nine years in business and an A+ rating, with accreditation since 2025. Its site says it makes offers within a day and covers typical closing costs. Its Google score sits at 4.9 on 115 reviews, going by Clever.

Pros

• A+ BBB rating
• Strong review count, per Clever
• Buys rentals with or without tenants

Cons

• One BBB address is a private mailbox
• Phone numbers vary from one directory to the next

6. New Horizon Home Buyers

New Horizon Home Buyers is a family firm based in Chattanooga, owned by Erik Wright, according to BBB. It lists a downtown Memphis address on its Memphis page. BBB rates it A+ with accreditation since 2020. Its site says it pays closing costs, buys 100 percent as-is and lets you choose the closing date.

Pros

• A+ BBB rating
• No closing costs, its site says
• Seller picks the date

Cons

• Headquartered in Chattanooga, not Memphis
• Buys all over Tennessee, so Memphis is one market of many

7. Memphis Cash Home Buyers

Brothers Michael and David Ligon run Memphis Cash Home Buyers from an address in the 38125 zip. Its site promises an offer within 24 hours and says it buys as-is. It also offers creative options such as mortgage takeovers. We didn't find a BBB profile.

Pros

• Local, family-owned firm with named owners
• Creative options for sellers who owe a lot on the house

Cons

• No BBB profile found
• Its site gives two different figures for years in business
• Closing costs aren't addressed on its site

8. Pyramid Properties

Pyramid Properties belongs to Alan Wright, per BBB, and works from the 38122 zip in East Memphis. BBB gives it an A+ and has accredited it since mid-2025. Its site says it buys in any condition with no commissions or fees, and that some owners close in about a week. Clever shows a 5.0 Google score from 115 reviews.

Pros

• Strong Google rating, as Clever reports it
• Flexible closing dates

Cons

• No street address on its site
• Its site doesn't say who pays closing costs

Common Mistakes With We Buy Houses Companies

The most expensive mistake is calling the number on a pole sign and signing the first contract you see. Some of those callers never plan to buy the house. They hope to sell your contract to someone else for a fee. Tennessee's 2025 wholesaling law, Public Chapter 72, now requires a buyer to tell you in writing, in bold print and before you sign, if it plans to market its interest in your home.

A second mistake is treating speed as the only thing that matters. A quick close won't help much if fees eat into the check. Find out how each offer is set, who pays closing costs and whether proof of funds is available.

Then there's the title company question. A real buyer will close through a title company or a closing attorney, and you should know which one before you agree to anything.

Who Benefits Most From a Cash Sale

A cash sale fits best when the house needs more work than you can take on, or when the calendar matters more than squeezing out every dollar. That covers an estate in Orange Mound, a vacant rental in Frayser or a Cordova home you need to leave for a job in another state. BluDoor's FAQ says the team will be upfront if listing with an agent turns out to be the better fit.

FAQ

How fast can a Memphis cash buyer close?

Many local firms say about a week, though title work sets the real pace. Ask each one for its typical timeline, not just its fastest.

Do I pay any fees to a we buy houses company?

Most local investors charge no commission. Closing costs are where terms differ, so read each offer line by line.

Will a cash buyer take a house with tenants?

Several on this list will, including BluDoor, which lists rented homes among the properties it buys.

The Bottom Line

Plenty of companies in Memphis say they buy houses for cash. Fewer back a fast close with a named founder and a published promise about the price. BluDoor stands out as the top pick for Memphis sellers who want to close quickly on an offer the company has promised to honor at the table. Whenever you'd like a number, (901) 610-5815 rings the BluDoor team directly.