Sorting the Real From the Junk After Closing
Recently, a client who had purchased a brand-new townhome called me in a panic. A warranty company was trying to sell her a home warranty—on a home that already came with builder coverage:
- 1 year workmanship
- 2 years systems
- 10 years structural defects
She didn’t need it. And sure enough, the salesperson hung up the moment she said, “Let me confirm with my lender.”
That call was a good reminder to educate the rest of you. After closing, your mailbox often fills up with offers that look “official.” Let’s break down what’s real and what’s not.
Why the Junk Mail Floods In
- Property deeds are public record. Once your loan closes, companies can see who your lender is, your address, and sometimes even your loan amount.
- They use this information to pitch home warranties, insurance, deed copies, and mortgage protection plans.
- Some even use BankSouth Mortgage’s name or logo to look “official.” (Check the fine print—usually, you’ll see it’s from an unrelated company.)
Red Flags to Watch For
- Home warranties on new construction: Your builder already provides significant coverage.
- Deed copy scams: Your attorney will send you your recorded deed. If you misplace it, I (or your attorney) can get you another copy for free.
- Mortgage insurance or life insurance mailers: These may be valid products, but research first. Don’t buy under pressure.
- Fear-based urgency: “Final notice” or “limited time only” are classic sales tactics.
My Advice
I’m not dismissing warranties, insurance, or protection products. They can be valuable. But they should be purchased on your terms, after research and due diligence, not under pressure from a sales pitch. Don’t let fear-based marketing rush your decision.
Bottom Line
If something looks “official” but feels off, call me first. I’ll gladly confirm whether it’s real or just clever marketing.
Closing on a home is a huge milestone. Don’t let unnecessary junk mail take away from the excitement. You’ve already got the right protections in place, and a trusted guide (me!) just a phone call away.
The BankSouth Mortgage Advantage
Experience the speed of ReadyApprove from BankSouth Mortgage, where you can secure conditional approval for conforming loan limits within hours.
With ReadyLoan®, you can make this process even easier. Our digital platform lets you apply, track your loan progress, and submit documents securely—all from your computer or mobile device. You’ll be armed with the confidence to quickly submit an offer, and the seller will see you as a serious, prepared buyer.
Have peace of mind with our FREE one-time rate float-down* and no lender fee refinance options!
When you purchase your home with me at BankSouth Mortgage, you may be able to refinance later with no lender fees.** This program offers flexibility as life changes, with the potential for savings when it matters most.
* One-time float down available on 45-120 day rate locks. Float down must be executed at least 15 days prior to closing and must be at least .125 improvement. ** This offer may change or end at any time without notice. “No Lender Fees” refers to waived origination charges. Eligibility conditions apply. Subject to credit and property approval.
Blog post date: Friday, August 22, 2025
