<prompt> Human: Hey rpersonalfinance...Longtime lurker of this sub and forever grateful for everything Ive learnedI cant even begin to describe how much its helped me. Anyones input on my situation would be greatly appreciated. I just got an email from my landlord advising that Ill need to be out by the end of July was on a month-to-month lease. Ive been considering purchasing a condo, but my rent was so cheap that the motivation to leave wasnt really there. Now Im faced with the decision of finding a new place to rent, or expediting my search for a place to buy. Other than looking at a lot of listings, I havent begun the process much at all. The facts:No debt. Dont own a car. 27, single, no plans for a family any time soon, but committed to the city Im in. 75k gross salary. 4250mo take home pay. Other than rent, I spend 1000mo or so in foodfunbillseverything I budget for. The rest gets invested.I have 50K in a brokerage account that I can put towards a down payment, closing costs, etc. I have almost 40K in a Roth IRA that I would really love to avoid touching, but its there. The places Ive been looking at are 250K-300K. Rough math, a 10-12 down payment of 30K and 10K of closing costs should leave me with about 10K for moving expenses and emergency fund. My credit is around 750, so based on current rates it looks like I would be paying between 1500-2000 a month for mortgagetaxesinsurance. The quick math seems to work when I do it, but Id love to hear other thoughts, especially if anything Im overlooking.Aside from that, it also seems a little crazy to try and close on a place in under two months... Would it be better to find a new place to rent and take my time? Help?  <response>: You need to consider association fees too, in your costs.I would agree with the need to know more about the condo association finances. One source of problems can be inadequate reserves. Some boards like to keep fees low and do so by not building sufficient reserves. Then when the community needs a new roof or the road needs repaving--uh oh, you get a special assessment out of the blue. This is not fair to new or shorter-term owners, who are paying for work that the need for which builds up over the course of years. 