11 Best Ways to Sell Your House for Cash in Tennessee

There is no single best way to sell a house for cash in Tennessee. The right choice depends on how fast you need to close, what condition the house is in, and whether you want the certainty of one direct offer or you have time to list. Some paths pay you more but take months. Others close in about a week.

This guide ranks eleven ways to sell your Tennessee house for cash, and it names the actual cash buyers active in the state, with the spotlight on local companies serving Nashville, Memphis, and Knoxville, so you can compare them side by side. For a metro-by-metro breakdown, see our guides to selling for cash in Nashville, Memphis, and Knoxville.

How the Options Compare at a Glance

Cash routes close in days to a few weeks. Listing with an agent can net more but usually runs a couple of months or longer in Tennessee. Here is how the main approaches stack up on typical time to close.

Figures below are illustrative and vary by property and condition. Company details are as of publication.

1. Propcash: Direct Cash Homebuyer (Best Overall)

For most Tennessee sellers who want speed and certainty without repairs or fees, selling directly to a cash homebuyer is the best fit. You work with the buyer directly, from the first call to closing, and the offer is based on local market data with the reasoning shown to you.

How It Works

1. Submit your property details, which takes about 2 minutes.
2. Propcash reviews recent sales in your Tennessee market and your house's condition.
3. You get a cash offer, with an explanation of how we reached the number.
4. You take your time to decide. The offer stands, with no countdown clock.
5. Close at a title company on the date you choose.

Pros

• No fees or commissions: Free for sellers, with no closing costs charged to you.
• Sell as-is: No repairs, no cleaning, no showings.
• Fast and certain: Close in as few as 7 days, or later if that suits you.
• Transparent pricing: The offer is based on local market data, and we show you how we got there.
• No pressure: The offer does not expire in 24 hours, and there are no follow-up calls unless you want them.

Cons

• A cash price is below full retail value, which is the tradeoff for speed and skipping repairs and fees.
• It is not the right move for every seller. If you have time and the house shows well, an agent may net you more.

Best for: Owners who want a fast, as-is sale with a clear number and no surprises.

Or call (615) 552-4296 to speak with the decision-maker. See our Tennessee cash buyer options for more local information.

2. National iBuyers and Franchises (Opendoor, Offerpad, HomeVestors)

Three national brands show up in every Tennessee metro, so we group them into one section rather than give each its own slot. As of publication, all three operate across Nashville, Memphis, and Knoxville. They are worth a quick quote, but they are not local companies, and their terms are set at the national level.

Opendoor and Offerpad (iBuyers)

Opendoor and Offerpad are national iBuyers that use software to make quick cash offers on newer, well-maintained houses. As of publication, both start online, let you choose from available closing dates, and charge a service fee, commonly around 5 to 7 percent, that comes out of your proceeds. The initial number can be reduced after the home assessment, and houses that need major repairs may not qualify. They suit sellers who value a fast, mostly online sale over the last dollar.

HomeVestors / We Buy Ugly Houses

HomeVestors, known for the We Buy Ugly Houses brand, is a national cash-offer franchise with independently owned offices across Tennessee. As of publication, local franchisees buy houses in any condition for cash and can often close within a few weeks. Because each office is independently owned, the offer and terms depend on the franchisee you reach.

Best for: Sellers who want a national-brand quote to compare, whether a newer house for an iBuyer or a distressed one for a HomeVestors franchise, alongside the local Tennessee buyers below.

3. Dignity Properties (Statewide)

Dignity Properties is a Tennessee cash buyer based in Chattanooga that buys houses statewide, including the Nashville, Knoxville, and Memphis regions. As of publication it carries a very strong review score and buys directly from owners with no agents, no repairs, and no seller fees. It can make a cash offer within about a day and close in as little as two weeks, covering closing costs.

Pros

• Statewide reach: Buys across Tennessee, not just one metro.
• Covers closing costs: No agent commissions and no seller fees.
• As-is: Buys outdated, updated, or as-is houses.

Cons

• One buyer, one offer: No second opinion unless you shop around.
• Below retail: A cash price sits under full market value.

Best for: Sellers anywhere in the state who want one buyer that covers closing costs.

4. Southern Sky Home Buyers (East and Middle TN)

Southern Sky Home Buyers is a Knoxville-based cash buyer that also purchases across Nashville, Chattanooga, and much of East and Middle Tennessee. As of publication it is BBB accredited with an A-plus rating and holds a 5-star Google score, and it buys houses as-is for cash, advertising closings in under 30 days.

Pros

• Multi-metro coverage: Serves Knoxville, Nashville, Chattanooga, and nearby East Tennessee towns.
• Well reviewed: As of publication, BBB accredited with an A-plus rating and a 5-star Google score.
• As-is: No repairs required.

Cons

• One buyer, one offer: A single cash quote unless you compare others.
• Below retail: A cash price, like the others here.

Best for: East and Middle Tennessee sellers who want a well-reviewed regional buyer.

5. New Horizon Home Buyers (Middle and West TN)

New Horizon Home Buyers is a family-owned company that buys houses for cash directly from sellers across Middle and West Tennessee, including the Nashville and Memphis areas. As of publication it is BBB accredited and carries a strong Google review score, and it buys as-is, including houses that need heavy repairs.

Pros

• Direct and local: You work with the family-owned buyer, no agents involved.
• Two-market reach: Active in both the Nashville and Memphis areas.
• As-is: Buys houses in poor condition or facing foreclosure.

Cons

• One buyer, one offer: Their number is often firm, so compare it before deciding.
• Below retail: A cash price sits under full market value.

Best for: Middle or West Tennessee sellers who want a well-reviewed, family-run buyer.

6. TN Homebuyers (Nashville)

TN Homebuyers is a Nashville-area company that has bought houses across Middle Tennessee since the early 2000s. As of publication it is BBB accredited and makes all-cash offers on houses in as-is condition, with no closing costs charged to the seller.

Pros

• Local knowledge: A long track record in the Nashville market.
• Fast offers: Cash offers within a day or two.
• As-is: Buys houses that need repairs.

Cons

• One buyer, one offer: No second opinion unless you shop around.
• Below retail: As with any quick cash sale, the price sits under market value.

Best for: Nashville-area sellers who prefer an established local company over a national brand.

7. My Tennessee Home Solution (Nashville)

My Tennessee Home Solution is a veteran-owned Nashville cash buyer founded around 2020 by a team of army veterans. As of publication it is BBB accredited with an A rating and holds a high volume of positive verified reviews. It can make a cash offer within about a day and close in as few as a few business days, or work to a later date if you prefer.

Pros

• Fast offer and close: A cash offer in about a day and closings in as few as a few business days.
• Strong local reviews: A large body of positive verified feedback.
• Flexible timeline: Move quickly or take up to a couple of months.

Cons

• Single offer: One quote, so it helps to compare terms elsewhere.
• Below retail: A cash price, as with every quick-sale buyer here.

Best for: Nashville sellers who want speed and a heavily reviewed local company.

8. Fair Cash Deal (Memphis)

Fair Cash Deal is a Memphis cash buyer that purchases houses as-is across the greater Memphis metro, including Bartlett, Cordova, Germantown, and Collierville. As of publication it is BBB accredited with an A-plus rating and carries a 4.9-star Google score, and it charges no commissions or fees, advertising closings in as little as 7 to 14 days.

Pros

• Memphis focus: Concentrated in the Memphis metro and surrounding suburbs.
• Well reviewed: As of publication, BBB accredited with an A-plus rating and a 4.9-star Google score.
• As-is, no fees: Buys houses in any condition with no commissions charged to you.

Cons

• One buyer, one offer: A single cash number unless you compare others.
• Below retail: A cash price, as with every quick-sale option here.

Best for: Memphis-area sellers who want a well-reviewed local buyer focused on their metro.

9. MemFixerUpper (Memphis)

MemFixerUpper is a Memphis house-buying company that buys houses in any condition for cash across the Memphis area. As of publication it advertises a cash offer within 24 hours and highlights video testimonials from local sellers, and it handles situations from foreclosure and inheritance to storm damage and needed repairs.

Pros

• Any condition: Buys houses that need major work, as-is.
• Fast offer: Advertises a cash offer within 24 hours.
• Situation range: Works with foreclosure, inherited, and damaged houses.

Cons

• One buyer, one offer: A single cash quote unless you gather more.
• Below retail: A cash price, like the other quick-sale buyers here.

Best for: Memphis-area sellers with a house that needs work and a preference for a fast local quote.

10. East Tennessee Home Buyers (Knoxville)

East Tennessee Home Buyers is a Knoxville-based cash buyer founded in 2016 that serves much of East Tennessee, including Oak Ridge, Sevierville, Maryville, and Farragut. As of publication it is BBB accredited with an A-plus rating and buys houses as-is, including foreclosures, inherited, rental, and damaged properties, typically closing in about 7 to 14 days.

Pros

• East Tennessee focus: Rooted in the Knoxville market and nearby towns.
• Well reviewed: As of publication, BBB accredited with an A-plus rating.
• As-is: Buys houses in any condition, no repairs required.

Cons

• One buyer, one offer: No second quote unless you shop around.
• Below retail: A cash price, like the others here.

Best for: Knoxville and East Tennessee sellers who want an established local buyer.

11. List With a Top Tennessee Agent

If your house shows well and you can wait a couple of months, listing with a strong local agent usually nets the most money, even after commission. This is the honest counterpoint to every cash option above.

Pros

• Highest typical proceeds: Retail buyers pay more than cash buyers.
• Professional guidance: The agent handles pricing, marketing, and paperwork.
• Wide reach: The MLS reaches both cash and financed buyers.

Cons

• Commission: You pay roughly 5 to 6 percent in agent fees.
• Slower: Tennessee houses took a statewide median of 85 days to sell, up 16 days year over year (Redfin, March 2026), and a listing commonly takes a couple of months to close.
• Prep and showings: Repairs, staging, and strangers walking through.

Best for: Sellers with a move-in-ready house, time to wait, and a goal of maximum proceeds.

How to Choose the Right Option for Your Tennessee House

The best option depends on your situation. Ask yourself these questions.

How Fast Do You Need to Close?

• About a week, with a clear number: A direct cash homebuyer like Propcash.
• A couple of weeks, condition is rough: A local Tennessee cash buyer or a national franchise like HomeVestors.
• You can wait a month or more: An iBuyer or a top agent.

What Condition Is Your Property In?

• Needs major repairs: Propcash, a local cash buyer, or a national franchise.
• Newer and move-in ready: An iBuyer or an agent becomes viable.

Where Is the House Located?

• Nashville or Middle Tennessee: TN Homebuyers, My Tennessee Home Solution, New Horizon Home Buyers, or Dignity Properties.
• Memphis or West Tennessee: Fair Cash Deal, MemFixerUpper, New Horizon Home Buyers, or Dignity Properties.
• Knoxville or East Tennessee: East Tennessee Home Buyers, Southern Sky Home Buyers, or Dignity Properties.

What Are Your Priorities on Price?

• Most possible proceeds and you have time: List with a top agent.
• A fair number without repairs or fees: A direct cash homebuyer.
• Speed above all: Compare two or three cash buyers and pick the best terms.

Tennessee-Specific Notes for Cash Sellers

Tennessee has a few state rules that shape a cash sale. None of them change the ranking above, but they are worth knowing before you sign anything. Propcash is not a law firm and does not give legal advice, so confirm specifics with a licensed Tennessee attorney or the relevant county court.

No State Income Tax

Tennessee has no state income tax, so you will not owe the state anything on the sale itself, and it repealed its inheritance tax effective January 1, 2016 (Tennessee statute; Afterkin, 2026). Low property taxes and no income tax are part of why Tennessee has an active market of cash buyers to compare.

Fast Foreclosure Timeline

Tennessee is a non-judicial foreclosure state, and the process moves quickly, with a sale able to occur about 30 to 45 days after the first notice of sale (Tenn. Code Ann. § 35-5-101). Most deeds of trust also waive the statutory redemption period, so once the sale happens the equity is generally gone. A cash sale can close inside that pre-sale window, which is why it is a common tool for owners racing a foreclosure clock. If foreclosure is the driver, see our guide on how to stop foreclosure in Tennessee.

Divorce and Equitable Distribution

Tennessee divides marital property by equitable distribution, not community property, which means the court splits marital assets fairly but not always 50/50 (Tenn. Code Ann. § 36-4-121). Once a divorce is filed, a statutory injunction generally restrains both spouses from selling or encumbering marital property without agreement or a court order (Tenn. Code Ann. § 36-4-106(d)), so a house sale during a pending divorce usually needs both parties to sign. A direct cash offer with the reasoning shown can help both sides settle on a fair value.

The 2025 Wholesaling Disclosure Law

Since April 8, 2025, Tennessee's Wholesaling Real Property Act (Public Chapter 72, SB909/HB781) requires anyone who assigns a purchase contract to disclose, in bold and capitalized text within the agreement, that they hold an equitable interest and intend to assign it rather than buy the house themselves. For sellers, that makes the "is this buyer the real buyer" question easier to answer: ask any cash buyer whether they are purchasing the house or intend to assign the contract, and request proof of funds. A transparent, direct buyer that prices from local market data and shows you how it reached its number is the clearest way to know what you are signing.

Frequently Asked Questions

What is the best way to sell my Tennessee house for cash?

For most Tennessee sellers who want a fast, as-is sale, the best way is selling directly to a cash homebuyer like Propcash. You work with the buyer directly, pay no fees or commissions, and get an offer based on local market data. National iBuyers and franchises like Opendoor, Offerpad, and HomeVestors, plus established local cash buyers such as Dignity Properties and New Horizon Home Buyers, are solid alternatives worth comparing.

Who are the main cash home buyers in Tennessee?

Tennessee sellers can choose from several types of cash buyer. Propcash is a direct cash homebuyer. Opendoor and Offerpad are national iBuyers, and HomeVestors, known for its We Buy Ugly Houses brand, is a national franchise. On the local side, Dignity Properties and Southern Sky Home Buyers buy across much of the state, New Horizon Home Buyers covers Middle and West Tennessee, TN Homebuyers and My Tennessee Home Solution serve the Nashville area, Fair Cash Deal and MemFixerUpper buy in Memphis, and East Tennessee Home Buyers serves the Knoxville area. Details are as of publication, so verify current terms and reviews before you choose.

How do I know if a cash offer is fair for my Tennessee house?

Compare the offer to your house's market value and ask the buyer to show how they reached the number. Single quick-sale companies often pay 50 to 70 percent of value, while a direct cash homebuyer that prices from local market data typically lands higher. Reviewing the full terms, not just the price, is the best way to judge fairness.

Do I have to pay taxes when I sell my Tennessee house for cash?

Tennessee has no state income tax, so you will not owe the state anything on the sale, and Tennessee repealed its inheritance tax effective January 1, 2016. Federal capital gains tax may apply if you have lived in the house less than 2 of the past 5 years or if your profit exceeds 250,000 dollars (single) or 500,000 dollars (married filing jointly). Consult a tax professional for your specific situation.

Is wholesaling legal in Tennessee, and how do I know a cash buyer is legitimate?

Wholesaling is legal in Tennessee, but since April 8, 2025 the Wholesaling Real Property Act (Public Chapter 72) requires anyone assigning a purchase contract to disclose in bold, capitalized text that they hold an equitable interest and intend to assign it rather than buy the house themselves. To vet any cash buyer, ask whether they are the actual buyer or intend to assign the contract, request proof of funds, and check BBB accreditation and independent reviews.

What if my Tennessee house needs major repairs?

Cash buyers purchase houses as-is, regardless of condition. Roof damage, foundation issues, outdated kitchens, and deferred maintenance are common. Older houses across Nashville, Memphis, and Knoxville that need significant work are often better suited to a cash sale than a retail listing.

Disclosure: Propcash publishes this guide and is one of the options ranked above. We ranked the options by speed, fees, certainty, and control for a seller who wants a fast, as-is cash sale, and we note where listing with an agent may net more. Company details are as of publication; verify current terms and reviews before choosing.