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at 70 who cares if you are renting at 70 i plan on renting my house and finding the cheapest rent i can find for myself.
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Find a good realtor. He or she will help you get pre-qualified. You may want to gather all your financial records and it wouldn't hurt to get a copy of your credit report. Your bank will give you a letter which states how much you can spend. Luckily, in this real estate market, you can probably get a great price on a home. And you are correct, your house payment will probably be the same as your rent. Just remember to factor in your taxes, insurance, and have some saved for repairs and upkeep. good luck.
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