Buying a home with Equity

[Eric Valentine]

What is the advantage of buying a home with equity? As long as you get a good deal it wouldn’t matter right?  If a house is 200k and the seller has 150k in equity as opposed to 10k how does that help you? Is the assumption they would be more likely to sell to you at a good price? I feel like I’ve heard this a couple times now and it doesn’t make sense