1. The first thing you have to do is to go through the formalities of repaying the loan in advance, and the mortgaged property cannot be changed. The general procedure is to make an appointment at the bank first, and then the bank will give you a due date for return. After paying off, you can have a repayment certificate, and you can take it to the local construction Committee for cancellation procedures. The intermediate procedure is about 20 days to one month.

2. After the mortgage is released, the land transfer fee can be converted into commercial housing. Pay the land transfer fee in detail in the Construction Committee, and it can be handled directly before April 2008.

Zhongyuan real estate real estate consultant