Definition
Industry slang for properties with minor cosmetic issues that scare away typical buyers but are catnip to investors and DIYers. Think ugly carpet and dated wallpaper, not structural disasters—though agents sometimes blur that line.
Example Usage
This one's a scratch and dent special—needs paint and flooring but the bones are solid, perfect for your first flip.
Origin
Borrowed from appliance and retail terminology where slightly damaged goods sell at discount
Fun Fact
Scratch and dent properties often sell 15-25% below market value despite needing only superficial updates, making them goldmines for those with vision and elbow grease.
Source: Real estate investor colloquial terminology
Related Terms
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See “scratch and dent” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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