Sources close to production tell us she's been communicating with 'RHOA' producers over the past several weeks about coming back, but reports that she's 100 percent confirmed to return are inaccurate.

We're told it's looking good, but she only wants to be part of Season 14 if she's cast as a regular housewife again ... and won't sign on the dotted line unless producers are on board with that.

You might recall, Sheree was a full-time housewife during seasons 1 through 4, but returned in season 8 as a "friend of the show." She regained full-time status for seasons 9 and 10 before leaving once again.

As we first told you ... Sheree got back together with her old BF, Tyrone Gilliams, earlier this year after he was released from prison. Our sources say her relationship with him will be a major storyline if Sheree returns, and that she wouldn't have even considered coming back if he was cut out of the picture.

Tyrone was sentenced to 10 years in 2013 for wire fraud, but got sprung early due to COVID. He's still on home confinement in Philadelphia, so he'd only be featured when Sheree's visiting.