Universal Solvent Definition. A universal solvent is a substance that dissolves most chemicals. Water is called the universal solvent because it dissolves more substances than any other solvent. However, no solvent, including water, dissolves every chemical. Typically, like dissolves like..
Average closing costs on a mortgage loan is between 2%-5%. On a home with a purchase price of $200,000 the typical costs will be between $3,000-$5,000. These costs will vary depending on the lender you use. Closing costs are made up of several different fees charged by your lender. These fees include credit report, loan origination fee, survey, etc.
It is very simple, if you're doing it alone the average time is between 30 and 45 days. It depends on how fast your lender can process the loan, and what type of loan you're doing. most closings don't close on the exact closing date in the contract. Everyone has to be patient, to work the deal out. There are a lot of people involved, and sometimes the contract has to be extended. Just be patient.