Newsflash: Is buying a house in CA through probate court a wise choice?

I am looking at a property in Los Angeles, CA that is being sold through a probate court. For the area, the asking price is very enticing. They are only accepting “as-is non contingent” offers and require a 10% deposit when submitting an offer. Any inspections and due diligence is on the onus of the buyer. Also, I would need to get financing in order to purchase the property. As a first time home buyer, is this a wise investment? What are the potential pitfalls if I go ahead and do the inspections and submit an offer? Any guidance is much appreciated!



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