scrape

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scrape

A slang expression for a property with improvements that should be bulldozed because they detract from the value of the land.Example: “That old shopping center is a scrape.”

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
From smaller businesses and family-run firms that have gone bust, to large high-street stores in administration, Steve and his team do deals with those desperate to scrape back some money from their bankrupt or excess stock.
Booming sales of the long-legged versions helped New Look scrape back into the black last year.
Chances are the economy may scrape back into growth in the first quarter of 2011.