What is a PRC Property?

PRC is Precast Reinforced Concrete or Non-standard construction property. No longer popular but it used to be. It was cheap and quick to build.

What is the problem?

Lenders do not like it!

Why…

Prone to failure and Concrete cancer!

Repair work required

Loss property value ensues

Difficulty on resale.

Buyers cannot mortgage it.

Is there a solution?

Yes, but it’s not quick or easy!

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