Skin


Definition of "Skin"

Robert Mercora
Robert Mercora Schiff Realty

Outside layer or covering for a structure. It may be a coating of material for protection against inclement weather.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Asked Price

Also called offering price, ask price or asking price. (1) The price at which real estate is offered for sale. Typically, it is the lowest price at wh ...

Demand Clause

A clause in the note that allows the lender to demand repayment of the balance in full. A demand clause is even better (for the lender) than an accele ...

Ask Price

Ask Price is the initial listed price for a piece of real estate.It’s important to understand that, in the real estate world, there’s no s ...

Tight Market

Market in which the spreads between the asking and offer price of real estate are small. The property may be in abundant supply and actively traded. ...

Gross Income Multiplier

Method to compute the price of an income-producing property by dividing the asking price of the property by current gross rental income. A property in ...

View

How one looks at things; opinion. An example is a prospective buyer of a house who considers the asking price to be a great deal. What something ...

Popular Real Estate FAQ

What Is Depreciation?

Depreciation is a decline in the value of property due to general wear and tear, or is also known as an annual allowance that helps you recover on you ...

What Are Paid Advertorials?

Paid advertorials are articles written by public relations professionals that have just one goal in mind - to get you to buy a home. I\'m sure you\'v ...

What Is A Foreclosure?

A foreclosure is the legal process by which a mortgage property is seized due to default and then sold. ...

What Are Basis Points?

Basic points relates to changes in the interest rate for your home. ...

What Is An Amortization?

The process of paying off a loan balance. As you make payments, a certain amount is applied to the principal and a certain amount to the interest. ...

How Can I Figure Out My Debt-to-income Ratio?

To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of the figure. Most lenders use the ratio 28/36. The ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Real Estate Agents Specialized in Homes for the Disabled: a Real Estate Niche How To Get A Loan with Bad Credit Real Estate Open House - The Dos and Don 7 Things to Consider Before Moving to a New City Cryptocurrency: a Real Estate Niche

FAQ

Why do people refinance? What are the Benefits of Liability Insurance? What is a closing? What is a lock in? What is a wraparound mortgage?