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What is a PRC Property?

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!



Read more here…

https://www.comparemymove.com/advice/buying-a-home/what-is-a-prc-property





Concrete cancer

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