Opinion ID: 2831479
Heading Depth: 2
Heading Rank: 4

Heading: PlainsCapital’s Damages

Text: The trial court found PlainsCapital was damaged in the amount of $332,927.27. It based its finding in part on the actual holding and sale costs incurred by PlainsCapital, and by giving credit to Martin for the $599,000 amount for which the bank sold the property in 2009. The court of appeals reversed that finding and remanded the case to the trial court for determination of the property’s fair market value on the foreclosure sale date and for factual findings in support of, among others, the property’s fair market value. Those issues should be reconsidered by the court of appeals in light of our holding as to the trial court’s discretion to use the future sales price for purposes of § 51.003 fair market value, and in light of Martin’s factual sufficiency challenges to the bank’s holding and sales costs following the foreclosure sale.