http://www.youtube.com/watch?v=wprg5vzkuGw
http://www.youtube.com/watch?v=7MRfADz_pyg
Try looking at both of these videos, and it will give you one approach. I don't try to cover the stitching when I turn it over to the front. I bring the folded side over to meet the stitching and sew along the edge of the binding. That way, it is neat on the back as well.