I am looking a purchasing a home that was built in 1989. The basement ceiling is open and when looking at the beams and the floor joists, I notice what might be a problem. One of the beams has a cut out section at the bottom of the beam which measures approximately 3x3 inches. I am concerned that this would undermine the strength of the beam. Are these kind of problems common and expensive to fix. I'm not sure how to attach a picture.
Thanks
