Cities · Tennessee
We buy houses for cash in Memphis — get your offer in 24 hours
Long-standing cash-buyer market — one of the deepest in the South for buy-and-hold rental portfolio buyers.
Lockwood Home Buyers makes a fair cash offer on your Memphis house — usually within 24 hours, often the same day. You review it. You pick the closing date. You close, or you walk. No fees either way.
Lockwood Home Buyers makes cash offers directly to homeowners — no fees, no commissions, and no obligation to accept. We are not a real-estate agent or broker; we buy houses for cash.
Selling a house in Memphis: what's different here
Memphis sits in Shelby County, TN.
Memphis is one of the country's deepest buy-and-hold rental markets, so tenant-occupied and portfolio sales have a large, experienced cash-buyer pool.
Older Memphis houses commonly need roof, HVAC, and plumbing updates — all routine pricing items here, not obstacles.
How closings work in Tennessee
Tennessee closings run through title companies or closing attorneys; two-week cash closings are common.
Seller taxes and fees in Tennessee
Tennessee charges a recordation transfer tax of $0.37 per $100 of the price (0.37%).
If you're behind on the mortgage in Tennessee
Tennessee is a non-judicial deed-of-trust state with one of the shortest timelines in the country — publication for a few weeks and then the sale. From first notice to auction can be under 60 days.
Situations we handle in Memphis
Property types we buy in Memphis
Memphis sellers — common questions
Ready to see what your Memphis house is worth in cash?
Lockwood Home Buyers makes cash offers directly to homeowners — no fees, no commissions, and no obligation to accept. We are not a real-estate agent or broker; we buy houses for cash.