Follow-up property review used to confirm required appraisal repairs or conditions were completed.
An appraisal reinspection is a follow-up property review used to confirm that required repairs, completion items, or appraisal conditions have been addressed.
An appraisal reinspection matters because the lender may need evidence that the property now matches the assumptions or conditions used in the loan approval. Without that confirmation, the loan may remain stuck even after repairs are finished.
It also matters because borrowers sometimes assume a contractor receipt is enough. Depending on the condition, the lender may require the appraiser or another approved party to verify the property.
Borrowers encounter reinspection after an appraisal is made subject to repairs, completion, or other conditions. It commonly appears before Funding or as a condition tied to Final Inspection.
The term becomes practical when everyone is waiting for the appraiser or inspector to confirm that the required item is complete.
A home is appraised subject to installation of missing flooring. After the seller installs the flooring, the appraiser reinspects the property and confirms completion for the lender.
Appraisal reinspection differs from Final Inspection because final inspection is the broader verification step, while reinspection emphasizes the follow-up property visit or review.
It differs from Appraisal Update because an update may address value timing or market changes, while reinspection usually confirms completion or repair.
It also differs from Appraisal Review because review evaluates the appraisal’s quality or support, while reinspection verifies the property’s condition or completion.