A Better Return on Recovery
Commonwealth Specialty Asset Services helps lenders and financial institutions recover and remarket boats, RVs, aircraft, and other specialty collateral nationwide. From locating and securing the asset through transportation, storage, marketing, sale, and ownership transfer, our team manages the assignment from start to finish.
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One Team From Recovery Through Sale
Recovering the asset is only the first step. What happens afterward can have a significant effect on the final return. Our team handles both recovery and remarketing, allowing us to make decisions with the eventual sale in mind. We document the asset, coordinate appropriate transportation and storage, assess its condition, and determine how it should be presented to the market.
Recovery Services
Our recovery services apply to boats, yachts, and aircraft. For RVs and motorhomes, our team accepts voluntary surrender and coordinates transport and storage rather than performing active recovery. Services may include the following.
Asset location and investigative support.
Voluntary and involuntary recovery coordination for boats, yachts, and aircraft.
Assignment and lien information review.
Photographs and written condition reporting.
Marine, aviation, and freight transportation, including voluntary RV pickup.
Secure storage and custodial management.
Detailed Condition Reporting and Market Evaluation
As part of our post recovery services, Commonwealth performs a comparative market analysis alongside the detailed condition report generated during the recovery process. By combining technical assessments with real market data, we help clients make informed decisions about the best course of action for recovered assets.
Evaluation of current market demand and comparable asset listings.
Technical evaluation of collateral condition at time of recovery.
Clear picture of the collateral's potential resale value for lender decisions.
Our team evaluates your current unit and applies its value toward your next purchase or sale.
Trading in your RV, boat, or aircraft can make upgrading to your next adventure much easier. Instead of navigating the complexities of selling privately, our team can help streamline the process by evaluating your current unit and applying its value toward your next purchase or sale. Many owners find that trading their vehicle allows them to move quickly when they find the right replacement while avoiding the time and uncertainty of listing and negotiating on their own.
Strategic Recommendations to Maximize Asset Value
Our experienced brokers and technical specialists provide expert recommendations on maintenance, repairs, or upgrades that may significantly increase the value of recovered collateral. In many cases, targeted improvements can substantially improve market appeal and final sale price. Commonwealth's team works closely with lenders to identify improvements that deliver the greatest return while minimizing additional investment.
Complete Reconditioning Services
When necessary, Commonwealth Specialty Asset Services can coordinate complete reconditioning services to prepare recovered assets for remarketing or resale. Our network of specialists can restore vessels, recreational vehicles, and aircraft to market ready condition, ensuring recovered assets are presented professionally and competitively in the marketplace.
Remarketing Services
Our remarketing services may include the following.
Market and pricing recommendations.
Asset preparation and presentation.
National and international advertising.
Exposure to qualified specialty asset buyers.
Buyer inquiry and offer management.
Commercially reasonable sale documentation.
Ownership and title transfer coordination.
Why Specialty Remarketing Matters
Specialty assets often require more time, knowledge, and targeted exposure than a general auction can provide. Instead of placing every asset into the same sales channel, we evaluate its condition and identify the market most likely to produce a strong result. This gives lenders a better opportunity to recover value while maintaining a documented and commercially reasonable sales process.
Documentation and Compliance
Each assignment is handled according to the client's instructions and documented with available photographs, condition information, and sale records. Our processes are designed with borrower privacy, applicable federal and state requirements, and commercially reasonable sales practices in mind.
Contact Us Below
Have a question about recovery or remarketing services? Reach out to our team using the form below.