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Prepare an Estimated Cost Breakdown (ECB). This is the breakdown of each particular cost of construction of the home. The foundation, lumber, framing, plumbing, heating, electrical, painting, and builder's profit, etc. When you hire a builder, they will usually complete this form to show you exactly what it will cost to build your new home.

Secure the proper construction permits. A building permit is a basic requirement in many areas, particularly for permanent construction. To obtain this, you'll need to provide detailed architectural diagrams, engineering load specs, and other materials to your state's Department of Housing. It's likely you'll also need the following to comply with local codes and zoning requirements by obtaining:
A septic tank permit
An electrical permit
A plumbing permit
A mechanical (HVAC, or air conditioning) permit
You may also find you are required to apply for and receive an environmental and/or impact permit. Having the house location marked prior to obtaining your permits will help to work details out in the environmental permitting process.

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Get construction insurance. To engage in a home building project, you'll need three types of construction-related insurance, some of which may be provided by the builder, some of which won't, depending on the state you live in and the nature of the contract you've signed. Typically, it's required that you provide:
Course of Construction Insurance to cover against unforeseen loss including damages from fire, accident, vandalism and malicious mischief.
General Liability Insurance is sometimes provided by the builder and sometimes not. It is a comprehensive liability coverage against accident on the workplace. You should only hire builders who provide this insurance themselves, as it can be quite expensive and could be indicative of shoddy workmanship if a builder doesn't provide it.
Workman's Compensation Insurance is necessary if your builder hires their own workers. If the work is subcontracted (a common practice) you'll need to provide workman's comp and the builder must write a letter acknowledging that they do not have employees and will not provide compensation.