When Care Can’t Wait, We Clear the Way
Updated: Sep 15
When a loved one needs skilled nursing, assisted living, or memory care, families often have to make an important decision quickly.
But what happens when the money needed for care is tied up in the family home?
For many families, the home is their largest asset. Selling it may provide the funds needed for care, but a home sale can take weeks or months. Meanwhile, care costs continue.
Solace Senior Solutions helps families bridge that gap.
We connect families with financing options that may allow them to access a portion of their home's equity while the home is being prepared and sold. Depending on the financing provider and the family's situation, options may be available that do not require traditional credit-based underwriting, monthly payments, or a traditional appraisal.
The goal is simple:
Help families get the care they need now — without having to wait for the house to sell.
The Care-and-Home-Sale Gap
Moving a loved one into higher-level care can be one of the most difficult transitions a family faces.
There may be an immediate need for:
Skilled nursing care
Assisted living
Memory care
A larger deposit or community entrance fee
Several months of care expenses
At the same time, much of the family's available wealth may be tied up in a home.
That creates a difficult situation:
The care is needed now. The money may not be available until later.
Families shouldn't have to choose between delaying necessary care and making a rushed decision about the family home.
Solace helps provide another option.
Using Home Equity to Help Fund Care
For families who have substantial equity in a home, short-term financing may provide access to funds while the property is being prepared and sold.
Rather than relying solely on traditional lending criteria, some specialized financing programs may place greater emphasis on the value and equity in the property.
Depending on the program, financing may offer:
Access to Funds Quickly
Some financing options are designed for situations where families need access to funds sooner than a traditional loan may allow.
No Traditional Monthly Payment
Certain programs may defer repayment until the property is sold, allowing the family to focus its available cash on care and other immediate needs.
Equity-Based Qualification
Some programs place greater emphasis on the property's equity rather than relying exclusively on traditional credit criteria.
A Short-Term Solution
The financing is generally intended to provide a bridge while the family prepares and sells the home — not to become a long-term debt obligation.
Financing terms, requirements, fees and approval are determined by the third-party financing provider.
More Than Financing
Solace isn't simply about finding money to pay for care.
It's about helping families navigate the entire transition.
Once a family decides to move forward, Solace can help coordinate the pieces that need to come together:
FUND → PREPARE → SELL → TRANSITION
FUND
Connect the family with appropriate third-party financing resources when short-term funding may be a fit.
PREPARE
Help organize the home for sale, including cleanout, estate-sale coordination, repairs, staging and other preparations.
SELL
Prepare and market the home to sell efficiently and for the best possible price and terms.
TRANSITION
Help the family move from the home-selling process toward the next chapter with greater organization, clarity and peace of mind.
A Different Kind of Senior Care Solution
Families don't need another complicated process.
They need someone who understands what is happening and can help them put the pieces together.
That's where Solace comes in.
One family. One transition. One point of contact.
Rather than making a family coordinate financing, home preparation, real estate and other services on their own, Solace helps bring the process together.
Our focus is not simply the house.
Our focus is helping the family get their loved one where they need to be.
A Real-World Example
Imagine a family whose mother needs skilled nursing care following a hospitalization.
She owns a home with significant equity, but the family doesn't have enough readily available cash to cover the immediate cost of care.
The family doesn't want to delay her admission — but they also don't want to sell the home under pressure or make a rushed financial decision.
Solace can help the family explore whether short-term financing backed by the home's equity may be appropriate.
If financing is available and approved, the funds can help address the immediate financial need while Solace helps prepare and market the home for sale.
When the home sells, the financing can be paid off from the proceeds, subject to the terms of the financing agreement.
The result: the family can focus on the care their loved one needs today while working toward the longer-term solution of selling the home.
How It Works
1. Start With a Conversation
Tell us about your loved one's care needs, the home and the situation your family is facing.
2. Explore Your Options
We'll help determine whether a short-term financing solution may be appropriate and connect you with a qualified third-party financing provider when applicable.
3. Prepare the Home
Solace can help coordinate the work necessary to get the property ready for market.
4. Sell the Home
The home is professionally prepared and marketed with the goal of selling efficiently and for top dollar.
5. Complete the Transition
The financing is repaid according to its terms, typically from the sale proceeds, and the family can move forward with greater peace of mind.
You Don't Have to Figure It All Out Alone
When a parent or loved one needs higher-level care, families are often dealing with far more than a financial decision.
They're dealing with uncertainty.
They're dealing with time pressure.
They're dealing with the emotional reality of leaving a longtime home.
And they're trying to make good decisions for someone they love.
Solace Senior Solutions was created to make that transition easier.
We help families explore practical financial options, prepare the home for sale and coordinate the steps necessary to move forward.
When care can't wait for the house to sell, let's talk about your options.
Schedule a confidential consultation with Solace Senior Solutions.
Important Information
Solace Senior Solutions is not a lender. When appropriate, Solace may connect families with third-party financing providers. Solace's real estate and transition services are separate from third-party financing services.
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