It's not clear yet who bought it, and there is already some suspicion that at such a low price, it may have been a family member or relative who picked it up, effectively killing off the family's debt. We will know rather quickly whether the Serins need to be out in three days or not.
Compounding the suspicion that this is the end is the fact that Casey got the hell out of Dodge just before it happened. We should remember that Casey had staked his reputation with the Crime Family on his ability to save the house. He failed. Now, if his Facebook wall is to be believed, he has disappeared to an off-the-beaten path location in Jamaica, staying with a guy in a "Paradise Villa" that on closer inspection seems to be what in Jamaica probably passes for a cheap tract home in an undistinguished location high in the hills and away from anything a tourist would want to do. (Look at the last picture in particular.)
In considering this, it's worth remembering that in the past when Casey took off for parts unknown, it was always in response to some impending disaster like his wife leaving him, or somebody suing, or any other demand being made. We think it's quite possible that rather than sitting his parents down and telling them that the gig was up, there were no more delays possible and the house was toast, Casey chose to just leave and not tell them anything. The first news that they may have received to suggest that anything was wrong may well have been posted on their door in the past few days.
In the meantime, Casey's ex-friend and native Jamaican Nigel Swaby reminds us that the place Casey has gone is a "shithole." As was the case with his sojourn into the woods, we believe Casey will find his "Island Paradise" to be not quite what he expected. Some have suggested that his only escape may be as a drug mule, though it remains to be seen what he will escape to, given that the family home may be gone and his parents could very well find themselves sleeping on various relatives' sofas.
Finally, as far as island paradises go, we should also note that the Island2012.com website has been shut down for unknown reasons, possibly including the fact that there is no chance whatsoever of Casey ever owning an Island, let alone next year.
And that's the way things are at FalseCasey HQ, where the only island we're concerned with right now is at the mouth of the Hudson.