A live and interactive discussion where we will learn about: -Bridge Loans -Home Sale Solutions -Veterans Benefits -Life Settlements
Elias P. Papasavvas, Founder & CEO, Second Act Financial Before entering the senior living industry, Mr. Papasavvas was a CPA in the Banking and Real Estate Mid-Atlantic Division of Arthur Andersen. He holds a B.S. degree from George Mason University and a Master’s of Science in Accounting from the McIntire School of Commerce at the University of Virginia.
Suzette Graham founded Patriot Angels to lead a change in helping U.S. Wartime Veterans get approved for their Aid and Attendance pension from the U.S. Department of Veterans Affairs. Suzette has spent a lifetime advocating for the vulnerable. In February of 2000, Suzette received the “Heroism Award” from the Governor of Alaska, Tony Knowles, for her lobbying efforts in getting the laws changed to better protect children in the custody of the foster care system. As Suzette’s passion for assisting the vulnerable came to fruition, she established a team of advocates dedicated to providing funding solutions and Veterans Administration benefits navigation to Veterans, widows, families, caregivers, and communities. By utilizing Veteran pension funds made available through the Veterans Administration, our Veterans and their families can better afford their choice of accommodation in a senior living community, as well as alleviate the stress behind long-term funding.
Chat Transcript
12:14:25 From Steve Gurney - ProAging Sourcebook : Here is the link to the moving and downsizing discussions we have had recently https://www.retirementlivingsourcebook.com/videos?q=moving+&+downsizing
12:16:21 From Burke Dillon to Hosts and panelists : Will we be able to get this power point?
12:18:19 From Steve Gurney - ProAging Sourcebook to Burke Dillon and all panelists : yes we can share it and the recording!
12:19:19 From Pam Feldman to Hosts and panelists : Are non-home owners' financial issues going to be addressed after home owners'?
12:22:23 From Pam Feldman to Hosts and panelists : I've actually spoken with Patriot Angels and have discussed bridge loans (unfortunately, the final decisions aren't up to me). But, it was very expensive to work with Patriot Angels.
12:22:29 From Debra Hallisey : Patriot Angels were terrific, they helped me secure Aid and Attendant Benefits for my mom.
12:22:58 From Nancy Toward to Hosts and panelists : Is there a cost to using Patriot Angels?
12:28:03 From Steve Gurney - ProAging Sourcebook : This reminds me of the VA Medicaid Waiver program which is little known https://www.retirementlivingsourcebook.com/videos/understand-virginia-medicaid-and-waivers
12:29:57 From Patty Grace : Can you help people in PA?
12:32:14 From Patty Grace : How do we contact you to schedule a webinar?
12:32:57 From Steve Gurney - ProAging Sourcebook : Import from CSV Edit
Elias Papasavvas (elias@secondact.com)
Suzette Graham (Suzette@patriotangels.com)
12:33:31 From Laura Quigley : Compass, my real estate brokerage offers Compass Concierge which allows my clients to prepare the house for sale with no out of pocket costs, pay the costs at closing (no fees for the service - but do need to have equity in the home) Laura.quigley@compass.com
12:36:34 From christina Green to Hosts and panelists : Hi Elias,
12:37:54 From christina Green to Hosts and panelists : Hi Elias, How do we get the campaign and do you do presentations at communities?
12:38:12 From Burke Dillon to Hosts and panelists : If I have enough equity in my home to finance what I need to buy into senior living, what are the pros and cons of a bridge rather than just refinancing my home and using the equity for the senior living ... particularly on scenario when I want to go back and forthe for awhile.
12:38:13 From Bree Baldwin : Hip hip hooray for geriatric care managers (Aging Life Care managers)!! I am proud to be a part of that crowd. Bree Baldwin, Debra Levy Eldercare Associates, bbaldwin@care-manager.com
12:38:57 From Patty Grace : Patty Grace
12:48:46 From Hugh Reese to Hosts and panelists : Is a bridge load from your company and option for someone going through the 30-90 day process for a reverse mortgage to stay in their home? Hugh Reese, CEO DwellAssured
12:52:35 From Gail Hubberman : Gail Hubberman with MarketPro Homebuyers. We are an alternative option if you want to sell you home for cash, quickly and hassle free. Thank you Elias and Suzette. This is very helpful, especially since we work with lots of vets. ghubberman@marketprohomes.com 301-337-4703
12:52:39 From Steve Gurney - ProAging Sourcebook : Second Act https://secondact.com/
12:59:19 From Gail Hubberman : I highly recommend you get help with veteran assistance. If you do not navigate the process properly what should only take a few months could end up taking years.