Current fair market value under subsection (a) of this section shall be determined through an appraisal by an independent qualified fee appraiser, selected by mutual agreement between the borrower and the Secretary of Agriculture.
The cost of appraisals undertaken under paragraph (1) shall be paid by the borrower.
Decisions of the Secretary of Agriculture under this section shall be appealable in accordance with the provisions of section 333B 1
A borrower that had a loan or loans reduced under this section shall not submit an application for another reduction on such loan or loans for a period of 5 years after the initial reduction.