While albinos (people with albinism) often have very light skin and hair, not all do. A common myth is that all albinos have red/pink eyes and white hair.

Less pigmented people with oculocutaneous albinism - albinism affecting both the skin and the eyes - often have cream-colored hair and skin. In other types with slight pigmentation, hair may look yellow or red-tinged.

People with ocular albinism - albinism only affecting the eyes - usually have a normal appearance or look slightly lighter than normal. They often have normal skin coloring and hair color.

Most people with albinism have blue eyes and some have hazel or brown eyes. Vision can sometimes be affected.

There is no cure for albinism. Albinos should avoid sun exposure, because they lack the natural protection from sunlight - melanin.
More information from the National Organization for Albinism and Hypopigmentation

Pigment loss after skin damage
Sometimes following an ulcer, blister, burn, or infection, the skin does not replace some of the pigment in that area. No treatment is necessary, and cosmetics can usually cover up the blemish.

Vitiligo
Vitiligo is characterized by smooth, white patches in the skin. It is caused by the loss of melanocytes, pigment-producing skin cells. The white patches are very sensitive to the sun.

There is no cure for vitiligo. Treatment may include covering smaller patches with long-lasting dyes and light-sensitive drugs, in addition to ultraviolet A light therapy.