On the money

The recent cooling of the real estate market has brought several changes in the way homebuyers and sellers are approaching a sale.

For anyone looking to purchase or sell a home, understanding how the system works and the terminology that goes with it could provide an edge.

The Internet is a rich resource for homebuyers and sellers who are navigating the process.

Here are a few sites that might prove useful:

¢ AllAroundYourHome.com (www.allaroundyourhouse.org/home_sales) features 10 steps to selling and buying a home in different categories.

¢ Home Buyer’s Information Center (www.ourfamilyplace.com) offers a range of home selling and buying insights under separate categories.

¢ Real Estate ABC.com (www.realestateabc.com) features a variety of information related to home buying and selling.

¢ Realtor.com (www.realtor.com) has tips on buying and selling a home under the “Advice & Ideas” link.