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.