A sagging porch, a roof at the end of its life, a kitchen nobody has touched since the 1980s. Any one of those can scare off a buyer who needs a bank loan, because the lender's appraiser or inspector will flag it and the loan may stall or fall apart entirely. Cash buyers take them in stride, and some handle the worst cases better than others. These six Memphis buyers will take a fixer-upper exactly as it sits, and BluDoor heads the list.
In a cash sale, as-is means you don't fix anything before closing. You don't pay for repairs or haggle over a repair list, and you don't wait for a contractor who may or may not show up when he said he would. The buyer takes on the work after the house is theirs, from patching drywall to replacing the whole roof.
Tennessee's Residential Property Disclosure Act still applies to most home sales. The seller gives either a disclosure statement of known defects or, when the buyer waives that, a disclaimer saying the house is sold as is with no warranties. Some sales are exempt, including many estate sales and homes the owner hasn't lived in for three years. Your closing attorney can tell you which form fits your situation.
For fixer-uppers, we looked hardest at how plainly each buyer states its condition policy. Does the site say any condition? Can belongings and debris stay? Who pays closing costs, and does the buyer explain how it set the price after seeing the damage in person? Beyond that, we checked BBB grades and accreditation years, owners' names and local addresses. Google ratings for other companies come from Clever unless stated.
BluDoor buys Memphis houses as they are, and its homepage names the kinds of homes it takes. That list includes houses full of belongings, homes with water damage and anything else that would scare off a traditional buyer. You don't clean, you don't haul anything away and you don't repair. BluDoor's blog also covers selling Tennessee houses with foundation issues, fire damage and asbestos.
Rashid Algaradi founded BluDoor in 2019, and the BBB has carried it as an A+ accredited business since 2020. After one walkthrough, a written cash offer comes within a day. The homepage puts the commitment plainly: "What we offer at the beginning is exactly what you'll receive at closing." A family whose Memphis-area house needed more work than they could give it wrote, "BluDoor gave us a fair cash offer, explained how they got the number, and never pressured us."
Spencer Buys Houses says it buys as-is and also takes rentals, with or without tenants. Owner Spencer Shadrach's company dates to 2016, per BBB, with an A+ grade. The site promises to cover typical closing costs and to close in as little as 7 days. Clever lists a 4.9 Google rating from 115 reviews.
buyerhouse says it buys in any condition and renovates the homes it resells. Jamison and Joy Hendricks co-own the company, which works from Kirby Parkway and holds an A+ with BBB. The site promises a walkthrough within 48 hours and says buyerhouse pays all closing costs.
Fair Cash Deal's site says it buys as-is and pays for repairs itself. It covers standard closing costs and lists a 7 to 14 day average close. HomeLight names Rashard Alomari as its leader. BBB shows the business started in 2016 and lists it as Not Rated and unaccredited.
The name tells you the focus. Mike Stansbury started MemFixerUpper in 2015 to buy houses that need work, and it still handles cleanup for sellers. It has been accredited by BBB since 2017 with an A+. The office is on Stage Road in Bartlett.
New Horizon describes every sale as 100% as-is. The family-owned company, led by Erik Wright, is based in Chattanooga and lists a downtown Memphis office on its Memphis page. BBB has accredited it with an A+ since 2020. Its headline promises no fees and no closing costs.
The most expensive mistake is fixing things right before selling to a cash buyer. A new HVAC unit or fresh flooring rarely adds as much to a cash offer as it costs you. Spend that money on your move instead, or keep it in the bank for the next place.
A second mistake is cleaning out the house before getting offers. Some buyers take everything, which saves you a dumpster and days of work. Ask first, and let the buyer tell you what can stay. Sellers also hide problems hoping to get a better price. Any serious buyer will find a bad foundation or a leaking roof on the walkthrough, and pointing it out early keeps the conversation honest. Finally, don't confuse a quick number on the phone with a written offer.
Owners who can't afford major repairs are the clearest fit. So are heirs who inherited a house with years of deferred upkeep, and landlords whose rental needs a full turnover. If a city code notice has landed on your door, an as-is sale lets someone else take on the fixes. You won't have to manage a contractor while you're trying to move on. Seniors moving to smaller homes often find it a relief to leave the furniture and the repair list behind.
Yes. BluDoor and the others on this list buy houses with major problems. The condition is priced into the offer from the walkthrough.
Not with BluDoor. Take what matters to you and leave the rest behind, from old furniture to boxes in the attic.
BluDoor can close in as little as 7 days. Most of its sales finish in two to three weeks, and you can choose a later date if you need time to sort through the house first.
BluDoor takes no commissions, fees or closing costs out of your offer, whatever shape the house is in.
A house that needs work doesn't have to become your next project. Pick a buyer that says plainly it takes everything as it stands. BluDoor stands out as the first choice for Memphis fixer-uppers, because it takes the house with belongings inside and backs its offer with a promise printed on its homepage.