In this episode, we help outline what a nomination lot is, how it works, the main benefits and the risks associated well. We finish with a simple 4 step process for you to take if considering a nomination lot yourself. Topic timestamps3:52 - What is a nomination block?4:58 - How does a nomination block work?6:50 - What are the main benefits of buying a nomination lot? 10:30 - What are the things to look out for or the risks associated with buying a nomination lot?19:40 - DANGEROUS TRAP! Do NOT buy from a seller asking for more than the contract price23:20 - 4 step process to take with nomination blocksJoin Australia’s most trusted new home education community Get FREE stuff: Ultimate Home Building Guide w/ templates & checklists Join here > https://www.skool.com/home-building-hub-3827 Liking the show? Please leave us a 5 star rating on your podcast platform and share the show with others - thank you. Please consider subscribing too. Got a question, topic idea or feedback? Head to our website and leave your comments there > homebuildinghub.com.au or send an email to [email protected]

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