Question Regard equity on a home.

If I purchase a home for $200,000 and it has an equity of $50,000 who keeps that money? The owner or myself?

Thanks in advance,

If you purchase a home for $200,000 and the owner owes $150,000, then that difference is considered “equity”, and the owner would keep it. If you buy it for $200,000 and it is worth $250,000 and you sell it for $250,000, then that “equity” is yours and CONGRATULATIONS!! :beer

Thanks for your help.

So the owner will be getting the 50,000 in equity and the apreciation value all in cash right?

yes 50K cash minus closing costs assuming it sells at the asking price.