Your dryer is probably a front load machine. A front load washer will be like that. I don't mind squatting down to get things out of the washer. I pull the clothes out of the washer into a basket placed directly under the washer, scoot the basket over in front of the dryer and place them up into the dryer.

As for soaking overnight, that depends on what your machine lets you do. If the machine allows you to turn it off or pause it and then restart at the same place, I guess it would work. Mine doesn't have that feature. Cross post on the laundry forum for which machines would enable you to soak like that. I believe the Whirlpool Duet does, but my low-end LG front loader does not.

If you have a good front loader, you shouldn't have to soak your clothes overnight.
My front loaders are not on stands and I have no problem reaching down. It's no different from using a regular dryer. I suppose if you had slipped discs or something wrong with your back, it might be difficult!
The advantage is that they vibrate less, and you can fold clothes on top of them.

I have a front loader and the only difficulty in soaking garments in them is that you don't have that much water. You could soak one or two small items. You can always use a bucket for soaking and them just dump everything in the washer when you're ready to launder.