The phrase "appraised price" refers to the value or estimated worth of something as determined by an expert called an appraiser. This value is often based on factors like market conditions, quality, and demand. Full definition
Loan to value references the total of mortgages divided by appraised price of a property. (mortgagebrokerstore.com)
As housing values rise sometimes it is best to refinance with a new loan for the current appraised price. (mortgagebrokerstore.com)
If you ask me, based on what you've shared, I ask the owner to sell at appraised price, since as far as I'm concerned, that's what it's worth. (biggerpockets.com)