CMSR LLC. is a full service vendor for lenders, lienholders,divorce attorneys, estate attorneys, charities, trustee's,law enforcement ,fleet sales managers or any individual or group that has the need to recover maximum value from any auto ,truck or powersport asset. From recovery to final liquidation CMSR LLC's unique skill sets allows the asset holder to realize the greatest possible rates of recovery. All without requiring the asset holder to dedicate resources such as additional personel or new infra structure development.
These services include,but are not limited to:
Recovery Services- If your asset is at risk and requires recovery services CMSR LLC will recover your asset using our qualified sub-contractors.
Appraisal Services- The key to asset recovery is a realistic and accurate appraisal of that asset. CMSR LLC's account managers will access publically accepted data bases from sources such as Black Book, Carfax, Kelly Blue Book, NADA and Manheim auction data bases to establish a realistic recovery expectation for your asset. These data bases coupled with an independent condition report generated by a certified ASA mechanic form the basis for establishing an initial reserve price for the re-marketing of your asset. At this time any potential safety issues related to the asset can be identified and rectified to further insulate the asset holer from potential future liabilities.In additon this process assures the asset holder and its legal council that the re-marketing of the asset was done in a "commercially reasonable manner" as required by Article 9 of the Tennessee Uniform Commercial Code and that a full effort was made to obtain fair market value. This documentation can be essential for any post transactional defficiency actions or litigation defense.
Secure Storage- CMSR LLC's store front REPO TN is a facility that is uniquely designed to fit the legal restrictions that lenders, lienholders, trustees and other asset holders must often comply with. The entire facility has perimeter fencing with barb and concertina wire . The main holding lot remains secure with controlled entry even during business hours with its dual layer gate security system. the building and facility is further guarded by a state of the art security system. In most cases storage is included with your listing fee.
Detailing and Reconditioning- CMSR LLC offers on site detailing services at its Convenient Auto and Marine Center facility. If reconditioning or saftey issue resolution is required CMSR LLC can provide these services. These services are another way that CMSR LLC's collateral value recovery model recovers more on your asset.
Notifications under Article 9 of the TN Uniform Commercial Code- There are unique notification requirements for lenders and lienholders under TN repossesion laws. CMSR LLC's notification services are included with the basic listing fee. Using notification forms prepared by our legal counsel and issued appropriately throughout the re-marketing process. Another example of CMSR LLC's one stop model that reduces the asset holders handling costs in the re-marketing and asset recovery process.
Retail and Internet Re-Marketing- Currently used powersport assets are bringing premium prices at retail. However lenders rates of recovery are down using traditional liquidation channels. This is because the traditional "auction only" liquidation channels are overloaded and do not access a broad enough buying audience. CMSR LLC's retail store front REPO TN offers a retail channel not previously available to asset holders. Combined with an asset appropriate Internet marketing strategy your asset is exposed to a larger and more viable group of buyers. With financing, extended warranties (where applicable), inspection reports, Carfax reports, test drives and even in some cases trade in opportunities buyer confidence and convenience is maximized. This assures the asset holder the best opportunity to maximize collateral value recovery.
Auction liquidation- As the final recovery option CMSR LLC offers final liquidation options by appropriate auction placement options. Each asset is evaluated and an asset appropiate auction strategy is developed. Then it is placed and managed through the auction venue that holds the greatest potential for maximum collateral value recovery.