This is an action for breach of contract. Appellant Helene Ackerman sued respondents John and Faith McMillan for damages resulting from their disavowal of a contract to sell real estate. The trial court found Ackerman had breached the contract of sale. On appeal, this court reversed, finding the McMillans breached the contract, and remanded for a determination of Ackerman’s damages. Ackerman v. McMillan,
The facts of this case are set forth in our prior opinion. Briefly, Ackerman sued the McMillans for breach of contract for the sale of the McMillans’ home. A special referee heard the case on November 19, 1991 and April 28, 1992. The special referee found Ackerman breached the contract of sale by failing to apply for financing within the time stipulated in the contract. This court reversed the referee, finding the McMillans breached the contract, and remanded for a determination of Ackerman’s damages, stating: “Accordingly, we reverse and remand for a determination of the amount of damages, if any, suffered by Ackerman due to the McMillans’ breach.”
On remand, the trial court determined Ackerman was not entitled to damages for breach of contract because Ackerman had originally requested specific performance by the McMillans, but had amended her complaint and waived her right to specific performance in favor of an action for damages. Because the McMillans had offered at some point to convey the property to Ackerman, the court concluded Ackerman’s actions in waiving specific performance precluded her from recovering money damages. Based on this reasoning, the court determined Ackerman was only entitled to a refund of all sums paid under the contract.
Ackerman argues the trial court retried the case on remand de novo; made findings of fact regarding liability; and reached conclusions of law contrary to the Court of Appeals’ decision. Ackerman also argues there was no issue before the trial court as to whether she had the right to make an election
After the remittitur is sent down from an appellate court, the trial court acquires jurisdiction to enforce the judgment and take any action consistent with the appellate court ruling. Muller v. Myrtle Beach Golf & Yacht Club, 313 S.C 412,
The McMillans also concede that the proper measure of damages in this case is the difference between the contract price and the fair market value of the property at time of breach. See McMahan v. McMahon,
The contract price was $274,500. At the April 1992 hearing, Ackerman’s appraiser testified the fair market value of the house was $295,000 at the time the contract was breached.
Although the state of the record may support the finding Ackerman suffered no damages because the contract price equaled or was more than the value of the house,
We do not feel, however, as suggested by Ackerman, that we are at liberty at this juncture to assign a market value to the house at the time of the breach. We therefore remand to the trial court to determine the fair market value of the property at the time the contract was breached. Ackerman’s damages shall then be determined by subtracting the contract price from the fair market value of the property as of April 15, 1990,
Accordingly, the order of the trial court is reversed and remanded for proceedings consistent with this opinion.
REVERSED AND REMANDED.
Notes
. There is no merit to the McMillans' claim that Ackerman’s expert conceded on cross-examination that the property was worth as little as $260,000. The expert agreed with the McMillans' counsel that it was
. Ackerman introduced portions of Mr. McMillan’s deposition which indicated that the fair market value of the properly in June 1990 was approximately $300,000. However, there had been some additional improvements made to the property.
. This is based on the premise that the court found the McMillans' testimony as to value more credible than Ackerman's expert's testimony.
. In McMahan v. McMahon,
. We note that the McMillans’ attorney acknowledged at trial that Ackerman would be entitled to nominal damages if she proved a breach by the McMillans.
