Steph just called to tell me that she left the closing a few minutes ago and she no longer owns her old house. Yay! We have one fewer mortgage!
Seriously, the sale of Steph's house will free up many hundreds of dollars per month, money that we will use to replenish the emergency fund, work on our new house, and save for the future. Oh, and we might go out for a celebratory dinner at some point as well.