It is official. We closed the contract on the previous primary residence. It was not without anxiety and chaos, but nothing really to retell as it all worked out in the end (as of 9:00 AM CST this morning).
We are now currently mortgage free, paying cash for our townhome in September 2020.
We also own our rental property outright, and that yield $1,650 monthly passive income.
We deposited the equity check into our savings account today and will move it to Vanguard when the funds are available. I have upped the 401K contribution to 11% for SO. We actually banked all of the stimulus payment 3 and managed to maintain a $10K EF. I was in a car accident on Thursday with normal whip lash as a result, and State Farm offered me $2,100 and I accepted.
I can breathe a huge sigh of relief. We actually managed to accomplish what we had hoped for and it all should be much simpler and straighforward now. Life and finances included.
March 25th, 2021 at 01:33 pm 1616679200
March 25th, 2021 at 01:44 pm 1616679882
March 25th, 2021 at 02:51 pm 1616683908
March 25th, 2021 at 09:00 pm 1616706003
March 29th, 2021 at 08:13 pm 1617048782